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Wednesday, October 4, 2023

Maidan Free Zone, ADIB SME Development Partner


Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has recently entered into a partnership with the Maidan Free Zone to promote the sustainable development of SMEs and the economy.

Through this partnership, trade license holders within the Maidan Free Zone will be able to use ADIB’s wide range of commercial banking products and services. This includes a wide range of business accounts with robust features and benefits, as well as a suite of bespoke digital banking solutions tailored to meet the unique needs of SMEs. Trade license holders within the Meydan Free Zone will be empowered to optimize their financial performance and realize their full potential.

The partnership will allow the two organizations to pool resources and capabilities to provide SMEs with a more comprehensive suite of solutions and services, ultimately driving growth and fostering a more resilient economy.

Hamed Ahli, Head of Meydan Free Zone, said: “We are delighted to partner with ADIB in our joint efforts to stimulate Dubai’s business environment and enhance the emirate’s competitiveness. Complementing various existing initiatives at Meydan Free Zone, this MoU opens the New financing potential for companies seeking to grow in Dubai. Furthermore, through this partnership, we will continue to demonstrate our commitment to facilitating SMEs and entrepreneurs at every step of their entrepreneurial journey.”

ADIB is committed to the promotion of SMEs and continuously supports them through several initiatives that enable business owners to realize their full potential. The cooperation with the Maidan Free Zone is a testament to this commitment, as it enables the bank to offer more comprehensive solutions and services to SMEs.

The partnership provides trade license holders in the Maidan Free Zone with access to ADIB’s cutting-edge commercial banking products and services, who aim to provide SMEs and start-ups with state-of-the-art digital banking services, enabling them to meet their financial and business needs.

The collaboration between Meydan Free Zone and Abu Dhabi Islamic Bank promises to create a more vibrant and vibrant business environment that empowers SMEs and supports their long-term success. – trade arab news agency


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