On the sidelines of the India-Kuwait Investment conference, organised by the Indian Embassy in Kuwait, India and Kuwait inked a Memorandum of Understanding (MoU) aimed at sharing information on technologies and innovations within the financial and regulatory sectors.

An MoU was signed between India’s International Financial Services Centres Authority (IFSCA) and Kuwait’s Capitals Market Authority (CMA). The agreement aims to foster collaboration in sharing information on technological advancements and innovations within the financial and regulatory frameworks. This partnership seeks to bolster the development of financial markets in both countries.

“The IFSCA and the Capitals Market Authority (CMA) of Kuwait, on the sidelines of the India-Kuwait investment conference, signed an MoU to collaborate on sharing information concerning the application of technologies and innovation within the financial and regulatory ecosystem,” the Indian Embassy in Kuwait highlighted on X.

IFSCA is India's unified authority for the development and regulation of financial products, financial services and financial institutions in the International Financial Services Centre (IFSC) in India