SOLOWIN Launches Dubai Operations Center, Accelerating Expansion in UAE Market Following Saudi Layout

Core Insights - Solowin Holdings has officially launched its Dubai Operations Center and is applying for a Category 3C asset management license from the Dubai International Financial Centre (DIFC) [1][2] - The company has entered a strategic collaboration with CITIC Construction to develop financial technology infrastructure in Saudi Arabia, indicating its commitment to expanding compliant financial services in the Middle East [1][2] - Solowin has signed a memorandum of understanding (MOU) with a local UAE enterprise to enhance its penetration into the local financial services market [2] Company Expansion - The Dubai Operations Center is positioned as a key component of Solowin's global compliance network, aiming to integrate Saudi-based infrastructure resources [3] - The initial services will focus on institutional clients seeking Sharia-compliant products, including structured products supported by real-world assets (RWA) [3] - The selection of DIFC as the Middle Eastern hub is due to its regulatory advantages, particularly the mutual recognition framework with Hong Kong's Securities and Futures Commission (SFC) [2] Strategic Positioning - Solowin aims to strengthen capital and asset connectivity between the Middle East and Asia, providing regional investors with access to compliant digital asset management and tokenized products [2] - The company operates a full-spectrum ecosystem that bridges traditional and decentralized finance, leveraging its existing global regulatory licenses [4] - Solowin's services include compliant traditional finance (TradFi), real-world asset (RWA) tokenization, and global digital payment solutions, reinforcing its role in reshaping global finance [4]