Commercial Bank of Dubai (CBD), one of the leading banks in the UAE, has signed a partnership agreement with Meydan Free Zone to provide banking services to their license holders. The partnership will enable trade license holders of Meydan Free Zone to leverage CBD’s banking products and services, including exclusive digital business accounts, as well as a wide range of exclusive tailored banking services.
The agreement was signed between Dr. Bernd van Linder, Chief Executive Officer of Commercial Bank of Dubai and Hamed Ahli, Associate Director – Meydan Free Zone, at a ceremony held at the Bank’s Head Office in Deira, Dubai.
Dr. Bernd van Linder, Chief Executive Officer of Commercial Bank of Dubai, said: “As a leading advocate of the SME community in the UAE, CBD is committed to supporting business owners and empowering entrepreneurs to achieve their ambitions. Our partnership with Meydan Free Zone will provide SMEs and start-ups with access to CBD’s innovative digital banking services, enabling them to fulfill their financial and business requirements, while also supporting the UAE’s goal to build a robust knowledge-based economy.
From their side, Meydan Free Zone said: “Our vision is to further stimulate the economy by attracting more foreign direct investment into the UAE, as well as supporting start-ups and championing entrepreneurship locally. We are proud to play a key role in enhancing Dubai’s position as a leading hub for trade by attracting business owners who are committed to commercial growth and success.”
