The Dubai International Financial Center (DIFC) has announced that it has signed a cooperation agreement with Indonesia's Nusantara Capital Organization in order to strengthen international financial cooperation.

According to Amac News: The Dubai International Financial Center said that this agreement outlines a framework for cooperation aimed at promoting mutual benefits and the Nusantara Financial Center in Ibu Kota Nusantara (IKN).
The agreement outlines the exchange of expertise in international financial center operations, including regulatory frameworks and business models to enhance operational efficiency and innovation.
Establish mechanisms that will enable DIFC and IKN entities to eventually establish registered business operations in each other's jurisdictions and foster seamless business integration and participation in global exchanges.
Indonesia's state-owned enterprises minister and DIFC CEO emphasized the strategic importance of the partnership, stressing its potential to stimulate economic growth and drive innovation through international cooperation.
Nusantara Financial Center is planned to be strategically located in the second development zone in the vast Nusantara area, which covers 252,000 hectares and offers significant investment opportunities.
The financial district comprises approximately 260 hectares within a wider commercial and financial center of 3,000 hectares.