SOLOWIN Launches Dubai Operations Center, Accelerating Expansion in UAE Market Following Saudi Layout
Solowin Holdings (NASDAQ: SWIN) has announced the launch of its Dubai Operations Center and initiated the application for a Category 3C asset management license from the Dubai International Financial Centre (DIFC). This strategic move follows the company's recent collaboration with CITIC Construction for developing fintech infrastructure in Saudi Arabia.
The company has signed an MOU with a UAE local enterprise to accelerate market penetration. Solowin chose DIFC as its Middle Eastern hub due to its regulatory mutual recognition framework with Hong Kong's SFC, potentially enabling a streamlined three-month approval process. The initiative aims to enhance capital connectivity between the Middle East and Asia, focusing on Sharia-compliant products and digital asset management services.
Solowin Holdings (NASDAQ: SWIN) ha annunciato l'apertura del suo Dubai Operations Center e ha avviato la richiesta di una licenza di gestione patrimoniale Categoria 3C presso il Dubai International Financial Centre (DIFC). Questa mossa strategica segue la recente collaborazione con CITIC Construction per lo sviluppo di infrastrutture fintech in Arabia Saudita.
L'azienda ha firmato un MOU con un'impresa locale degli Emirati per accelerare la penetrazione nel mercato. Solowin ha scelto il DIFC come hub per il Medio Oriente grazie al suo quadro di riconoscimento reciproco con la SFC di Hong Kong, che potrebbe permettere un iter di approvazione semplificato in tre mesi. L'iniziativa punta a potenziare i collegamenti di capitale tra Medio Oriente e Asia, con attenzione ai prodotti conformi alla Sharia e ai servizi di gestione di asset digitali.
Solowin Holdings (NASDAQ: SWIN) ha anunciado la apertura de su Dubai Operations Center y ha iniciado la solicitud de una licencia de gestión de activos Categoría 3C ante el Dubai International Financial Centre (DIFC). Esta decisión estratégica se produce tras la reciente colaboración de la compañía con CITIC Construction para desarrollar infraestructura fintech en Arabia Saudí.
La empresa firmó un MOU con una compañía local de los Emiratos para acelerar su entrada en el mercado. Solowin eligió el DIFC como su centro para Oriente Medio por su marco de reconocimiento mutuo con la SFC de Hong Kong, lo que podría permitir un proceso de aprobación simplificado de tres meses. La iniciativa busca mejorar la conectividad de capital entre Oriente Medio y Asia, con foco en productos compatibles con la Sharia y servicios de gestión de activos digitales.
Solowin Holdings (NASDAQ: SWIN)는 두바이 운영 센터를 개설하고 두바이 국제금융센터(DIFC)의 카테고리 3C 자산운용 라이선스 신청을 시작했다고 발표했습니다. 이 전략적 결정은 사우디아라비아의 핀테크 인프라 개발을 위한 CITIC Construction과의 최근 협업에 따른 것입니다.
회사는 시장 진입 가속화를 위해 현지 UAE 기업과 MOU를 체결했습니다. Solowin은 홍콩 SFC와의 규제 상호인정 체계 때문에 중동 허브로 DIFC를 선택했으며, 이는 심사 기간을 약 3개월로 단축할 가능성을 제공합니다. 이 프로젝트는 중동과 아시아 간 자본 연결을 강화하고, 샤리아 준수 상품과 디지털 자산 관리 서비스를 중점으로 합니다.
Solowin Holdings (NASDAQ: SWIN) a annoncé le lancement de son Dubai Operations Center et l'ouverture de la demande d'une licence de gestion d'actifs Catégorie 3C auprès du Dubai International Financial Centre (DIFC). Cette décision stratégique fait suite à la récente collaboration de la société avec CITIC Construction pour développer des infrastructures fintech en Arabie Saoudite.
La société a signé un MOU avec une entreprise locale des Émirats pour accélérer sa pénétration du marché. Solowin a choisi le DIFC comme hub pour le Moyen-Orient en raison de son cadre de reconnaissance mutuelle avec la SFC de Hong Kong, ce qui pourrait permettre une procédure d'approbation simplifiée de trois mois. L'initiative vise à renforcer la connectivité des capitaux entre le Moyen-Orient et l'Asie, en se concentrant sur les produits conformes à la charia et les services de gestion d'actifs numériques.
Solowin Holdings (NASDAQ: SWIN) hat die Eröffnung seines Dubai Operations Center bekanntgegeben und die Beantragung einer Kategorie-3C-Vermögensverwaltungslizenz beim Dubai International Financial Centre (DIFC) eingeleitet. Dieser strategische Schritt folgt der jüngsten Zusammenarbeit des Unternehmens mit CITIC Construction zum Aufbau von Fintech-Infrastruktur in Saudi-Arabien.
Das Unternehmen hat ein MOU mit einem lokalen UAE-Unternehmen unterzeichnet, um die Marktdurchdringung zu beschleunigen. Solowin wählte das DIFC als seinen Nahost-Hub wegen des Systems der gegenseitigen Anerkennung mit der SFC in Hongkong, was einen vereinfachten Genehmigungsprozess von etwa drei Monaten ermöglichen könnte. Die Initiative zielt darauf ab, die Kapitalverbindungen zwischen Nahost und Asien zu stärken, mit Schwerpunkt auf schariakonformen Produkten und digitalen Vermögensverwaltungsdiensten.
- Strategic expansion into Dubai financial market through DIFC operations center
- Potential fast-track licensing process due to Hong Kong SFC mutual recognition
- Partnership with prominent UAE local enterprise for market penetration
- Recent collaboration with CITIC Construction strengthens regional presence
- Focus on institutional Sharia-compliant products opens new market opportunities
- License approval process still pending and subject to regulatory approval
- Initial services limited to institutional clients only
Insights
Solowin's Dubai expansion creates strategic Middle East foothold, leverages regulatory advantages, and positions for institutional Sharia-compliant market entry.
Solowin's Dubai Operations Center launch represents a strategic expansion into the Middle East financial services market, coming just two days after announcing a collaboration with CITIC Construction in Saudi Arabia. This rapid sequence of announcements indicates an accelerated regional strategy rather than isolated business developments.
The company's application for a Category 3C asset management license from the Dubai International Financial Centre (DIFC) is particularly significant as it leverages regulatory advantages through the mutual recognition framework between DIFC and Hong Kong's SFC. This regulatory shortcut could potentially reduce the approval timeline to just three months, substantially accelerating Solowin's ability to operate in the region.
Solowin's approach is methodically structured around three key pillars: regulatory compliance (through the DIFC license), local market access (via the MOU with an unnamed UAE enterprise), and technological infrastructure (through the Saudi collaboration). This creates a comprehensive market entry strategy that addresses the primary challenges foreign financial services firms typically face in the region.
The focus on Sharia-compliant products targeting institutional clients demonstrates market awareness, as the Middle East has seen growing institutional demand for compliant digital asset exposure. The emphasis on real-world asset (RWA) backing for structured products aligns with regional investor preferences for tangible asset security while gaining exposure to digital finance innovations.
Hong Kong, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Solowin Holdings (NASDAQ: SWIN) (“Solowin” or the “Company”), a leading financial services firm providing comprehensive solutions across traditional and digital assets, today announced the official launch of its Dubai Operations Center and the commencement of its application for a Category 3C asset management license from the Dubai International Financial Centre (DIFC), one of the world’s most advanced financial centers and the leading financial hub for the Middle East. This move follows Solowin’s recently disclosed strategic collaboration with CITIC Construction on August 20, 2025, to develop financial technology infrastructure in Saudi Arabia, further underscoring the Company’s accelerating expansion across the Middle East region of compliant financial services.
Solowin has signed a memorandum of understanding (MOU) with a prominent UAE local enterprise, aiming to rapidly penetrate the local financial services market by leveraging established client networks. The Company selected DIFC as its Middle Eastern hub, primarily due to its regulatory advantage of mutual recognition framework with Hong Kong’s Securities and Futures Commission (SFC). Leveraging Solowin’s existing regulatory licenses, the DIFC approval process is expected to be substantially streamlined with chance to be completed within three months. This expansion is set to strengthen capital and asset connectivity between the Middle East and Asia, offering regional investors access to compliant digital asset management and tokenized products.
“The Dubai Operations Center is a pivotal addition to Solowin’s global compliance network,” said Peter Lok, CEO of Solowin. “By integrating Saudi-based infrastructure resources, we are fully committed to contribute a cross-regional ‘digital financial silk road’.”
The initial services will target institutional clients seeking Sharia-compliant products, offering structured products supported by real-world assets (RWA) and computing power.
About SOLOWIN HOLDINGS
SOLOWIN HOLDINGS (NASDAQ: SWIN) is a leading global financial services firm operating in both traditional and Web3 industry. Founded in 2016, it has delivered a unique, full-spectrum ecosystem that bridges traditional and decentralized finance. Leveraging its Hong Kong Securities and Futures Commission (SFC) licensed subsidiaries with full digital asset capabilities, the Company operates a robust Web3 Infrastructure division. Through its self-developed, vertically integrated, enterprise-grade platform, Solowin delivers compliant traditional finance (TradFi), real-world asset (RWA) tokenization, and global digital payment solutions—solidifying its role as a key player in reshaping global finance through a seamless Web3-to-TradFi ecosystem.
For more information, visit the Company’s website at https://solowin.io or investor relations webpage at https://ir.solowin.io.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. The Company has attempted to identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the Company's filings with the U.S. Securities and Exchange Commission (the “SEC”) including the "Risk Factors" section of the Company's most recent Annual Report on Form 20-F as well as in its other reports filed or furnished from time to time with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's filings with the SEC, which are available for review at www.sec.gov.
For investor and media inquiries please contact:
SOLOWIN HOLDINGS
Investor Relations Department
Email: ir@solomonwin.com.hk
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com
Corporate Communications
IBN
Austin, Texas
www.InvestorBrandNetwork.com
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FAQ
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