Minister of Financial Services and Good Governance, Mr. D. Sesungkur promotes Mauritius at International Financial Centre in the Gulf
The Government Information Service announced that Minister of Financial Services and Good Governance, Mr. D. Sesungkur is currently on a financial services promotion mission in the Gulf region. According to the Government Information Service, the main objective is to increase visibility of the Mauritius International Financial Centre (IFC) in the key Gulf markets, including Dubai, Abu Dhabi and Qatar.
The Minister will be on the mission from 18 to 23 March. The minister initiated the mission and delegation includes the Permanent Secretary of the Ministry, the Head of the Financial Services Office of the EDB as well as representatives of private sector operators, management companies and banks.
Minister Sesungkur along with a technical presentation by the Head of the Financial Services Office of the EDB showcased the attributes, key products and service offering of the Mauritius IFC. The participants in the Business Forum demonstrated a keen interest for using the Mauritius IFC for UAE-based investments in emerging markets, including Africa, and vice-versa.
According to the Government Information Service News on 20 March 2018, this mission also consisted of several highly targeted one to one meetings including a prominent Pan-African investment bank. A field visit of the Emirates Institute for Banking and Financial Services was also held during the mission. The Minister explored other avenues such as access by Mauritius to the e-learning facilities of the Institute, the development of an Islamic finance curriculum for Mauritian and African professionals, and exchange programs for concerned students.