Dubai Chambers has established a memorandum of understanding with Abu Dhabi Islamic Bank aimed at enhancing banking support for the business community as a whole, while empowering small and medium-sized enterprises (SMEs) through integrated banking services designed to meet their sustainable growth needs.
The memorandum stipulates collaboration between Dubai Chambers and Abu Dhabi Islamic Bank to leverage expertise, resources, and business networks in a complementary manner to develop impactful services.
Khalid Al Ghurair, the Deputy CEO of Commercial and Corporate Services at Dubai Chambers, stated: “This memorandum with Abu Dhabi Islamic Bank reflects our ongoing efforts to expand the range of services offered to the business community and support the growth of companies across various sectors, reinforcing Dubai’s position as a leading global business hub.”
Amit Malhotra, Global Head of Retail Banking at Abu Dhabi Islamic Bank, remarked: “Our partnership with Dubai Chambers demonstrates our strong commitment to empowering small and medium-sized enterprises by providing them with financial tools, advisory support, and Sharia-compliant solutions, which enhances their ability to grow with confidence.”