Telekurs Financial has signed a contract with a Dubai-based company called Telenet Systems to support its clients in the Arabic-speaking countries.
Up to now, clients in the Middle East and North Africa (MENA) region were covered by a number of different Telekurs subsidiaries.
The partnership with Telenet Systems forges a bridge between Europe and Asia, the latter continent being serviced by the Telekurs companies in Singapore and Japan.
Telekurs says the agreement reflects its strategy of working together with partner companies in markets where it does not have its own offices.
Telenet Systems has been operating in the financial information business in the Middle East for over 20 years.
Under the co-operation agreement with Telekurs Financial, Telenet Systems will focus on the sale of display products in the MENA region and on related training and advisory tasks.