China’s Jinsha Holding Group and the United Arab Emirates’ Royal Strategic Partners have authenticated an agreement to initiate joint ventures in digital assets and electronic games (video games).
The deal is inclusive of founding joint ventures in entertainment games and digital assets.
Jinsha Holding Group to make strategic investments in the UAE
Jinsha Holding Group is going to facilitate premeditated investments in the United Arab Emirates, valued at AED 7.2 billion (USD 2 billion) by the next year in a surfeit of sectors, namely – blockchain technology, internet, entertainment, finance, medical, and real estate. The firm will also fabricate a fund for the blockchain industry in collaboration with the Emirati Investment Funds, and a digital asset compliance exchange will be incorporated. Even though the precise launch date has not been released yet, these endeavours are absolute.
To accomplish this, China’s Jinsha Holding Group and United Arab Emirates’ Royal Strategic Partners authenticated a collaboration agreement at an extravagant ceremony held in Dubai.
The ceremony was graced with the presence of Leo Liu, Chairman of Jinsha Holding Group, and Dr Hamad Al Ali, CEO of Royal Strategic Partners in UAE, who authenticated the collaboration deal.
Leo Liu stated that the Jinsha Holding Group and Royal Strategic Partners will strive to work in unison to fabricate the biggest Chinese-Arab investment foundation in the Middle Eastern geography.
The contract is inclusive of establishing joint ventures in video games and digital assets.
Jinsha Holding Group works in an array of sectors including finance, entertainment, blockchain technology, and real estate, to mention a few.
Royal Strategic Partners functions and concentrates on developing and investing in incipient industries in the United Arab Emirates. The firm is an eminent contributor to the ‘Hala China’ enterprise and has facilitated exceptional contributions to endorse economic exchanges, cultural exchanges, and investment collaboration betwixt the UAE and China.