Dubai South has signed a strategic Memorandum of Understanding (MoU) with Emirates NBD to support the financial growth of SMEs and facilitate access to a range of banking services.
Under the agreement, Emirates NBD will support companies within Dubai South through streamlined processes for opening corporate bank accounts, alongside tailored banking solutions designed to meet evolving business needs.
The collaboration will enhance ease of doing business within Dubai South by enabling faster and more efficient access to essential financial services, reinforcing its commitment to a business-friendly environment.
The MoU was signed by Saif Al-Ali, Director of Licensing and Free Zone Management at Dubai Aviation City Corporation, and Hamad Mohamed Zayed, Group Head of Business Banking at Emirates NBD.
“By facilitating seamless access to essential banking services, we are enabling our business community to focus on growth and expansion," said Nabil Al Kindi, Group CEO of Dubai South.
"Ultimately, this partnership directly contributes to Dubai's vision to double its economy by 2033 and solidify its position as one of the top three economic cities globally,” added Hamad Mohamed Zayed, Group Head of Business Banking at Emirates NBD.
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