SCGC visited Saudi Arabia, UAE, and Kuwait to explore international cooperation opportunities

Shenzhen Capital Group (SCGC) delegation, led by President Zuo Ding, visited Saudi Arabia, UAE, and Kuwait on February 2023, to explore cooperation opportunities and accelerate its internationalization process.

Zuo Ding (left), President of SCGC,

and HE Ali Alhazmi (right), CEO of Ajlan Brothers Holding Group,

signed a memorandum of cooperation on behalf of both parties.

The delegation visited several well-known sovereign wealth funds, trade unions, and financial institutions, with the goal of gathering key market information for further cooperation and exploring investment opportunities in the areas of new energy, low-carbon, specialized real estate and etc. President Zuo Ding signed a Memorandum of Understanding (MOU) on behalf of SCGC with Ajlan Brothers Holding Group. The delegation also visited the Chinese Embassy in UAE and Kuwait, and met with ambassadors to understand more about their advice on SCGC’s internationalization strategy and opinions on potential cooperation areas between China and UAE, China and Kuwait in the fields of finance, trade, and investment.