Cooperation between "Dubai South" and"Emirates NBD" To support the business community
DUBAI, April 22 / WAM / Dubai South signed a strategic memorandum of cooperation with Emirates NBD, with the aim of supporting the growth of small and medium-sized companies in Dubai South, and facilitating their access to a full range of banking services.
The memorandum was signed by Saif Al Ali, Director of Licensing and Free Zone Management at Dubai Aviation City Corporation, and Hamad Mohammed Zayed, Group Head of Business Banking at Emirates NBD.
Under this memorandum, the bank will work to support companies by simplifying the procedures for opening corporate bank accounts, in addition to providing banking solutions designed to meet business needs, which contributes to enhancing companies’ readiness and enabling them to focus on growth and expansion.
Nabil Al Kindi, Executive Director of Dubai South, said that the strategic partnership with Emirates NBD reflects the commitment to supporting entrepreneurs and small and medium-sized companies in Dubai South, by providing an integrated system that enables them to grow, enhances the efficiency of their operations, and supports the sustainability of their businesses in the long term.
He added that by facilitating access to basic banking services, Dubai Gannoul gives its business community more space to focus on expansion and achieving its goals.
For his part, Hamad Mohammed Zayed stressed that the bank is committed to providing a banking experience that meets the needs of small and medium-sized companies and other companies operating in Dubai South, and keeps pace with their growing requirements. This partnership ultimately and directly contributes to achieving Dubai’s vision to double its economy by 2033, and consolidate its position as one of the three most important economic cities in the world.
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