The Dubai Financial Services Authority, Hong Kong Monetary Authority, Nasdaq Dubai and Hong Kong Exchanges and Clearing Limited have established a Strategic Working Group to deepen cooperation and market connectivity between the Dubai International Financial Centre and Hong Kong. The group will explore joint initiatives in sustainable finance, Islamic finance, innovation and broader capital markets development. Operating under signed terms of reference, the group will provide a formal mechanism for the regulators and exchanges to align priorities, exchange market insights and identify practical opportunities linking issuers and investors across the Middle East and Asia. The initiative builds on their existing regulatory and market dialogue and was announced at the third Hong Kong Monetary Authority and Dubai Financial Services Authority Joint Climate Finance Conference.