Doha, January 27 (QNA) - Qatar Insurance Company, through its wholly owned subsidiary QIC Asset Management LLC, and E Fund Management (Hong Kong) Co., Limited have signed a Memorandum of Understanding (MoU) to establish strategic collaboration between the two firms.

The collaboration aims to co-develop new investment products in Hong Kong and Qatar, which aligns with the wider bilateral financial collaboration between China and Qatar, Qatar Insurance Company said in a statement published on Qatar Stock Exchange website.

The MoU is expected to further enhance the economic corridor between Asia and the Middle East. (QNA)