China’s Jinsha Holding Group and UAE’s Royal Strategic Partners sign a strategic alliance agreement with investments of $ 2 billion across multiple areas
Dubai, United Arab Emirates:
China’s Jinsha Holding Group and UAE’s Royal Strategic Partners have signed a strategic cooperation agreement during a grand ceremony at The H Dubai.
The agreement includes the establishment of joint ventures in the field of digital assets and entertainment games.
Jinsha Holding Group operates in a variety of fields including blockchain technology, finance, entertainment, real estate, and others.
Royal Strategic Partners operates and focuses on investing and developing emerging industries in the United Arab Emirates.
Royal Strategic Partners makes an important contribution to the “Hala China” initiative and has made outstanding contributions to the promotion of economic exchange, investment cooperation and cultural exchange between the Republic of China and the United Arab Emirates.
Attending the ceremony were Dr. Hamad Al Ali, CEO of Royal Strategic Partners in the United Arab Emirates, and Leo Liu, Chairman of Jinsha Holding Group, who signed a strategic cooperation agreement.
SE Abubaker Al Khoori, CEO of Abu Dhabi Capital Group, also attended the ceremony.
Chairman Liu thanked HE Abubaker Al Khoori and Dr. Sincerely, Hamad Al Ali for your trust and strong support.
Chairman Liu stated that Jinsha Holding Group and Royal Strategic Partners will work together to build the largest Sino-Arab investment base in the Middle East.
According to Jinsha Holding Group and based on the strategic cooperation agreement with Royal Strategic Partners LLC, many strategic investments worth $ 2 billion (7.2 billion UAE dirhams) will be completed in multiple investment sectors in the UAE by 2022, including blockchain Technology, finance, internet, entertainment, real estate, medical fields, and others.
At the same time, the group will work with Emirati investment funds to set up a fund for the blockchain industry and a digital asset compliance exchange, although the exact start date has not yet been announced.