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ADIB, Meydan Free Zone partner to promote SMEs

The partnership envisages trade licence holders within the Free Zone to have access to ADIB’s diverse range of business banking products and services

Abu Dhabi Islamic Bank ADIB

Abu Dhabi Islamic Bank (ADIB) has entered into a Memorandum of Understanding (MoU) with Meydan Free Zone for promoting SMEs in the country.

The partnership envisages trade licence holders within the Meydan Free Zone to have access to ADIB’s diverse range of business banking products and services that have been tailored to meet the unique needs of SMEs.

The move is expected to help trade license holders within the Meydan Free Zone to achieve their full potential.

Hamed Ahli, Head of Meydan Free Zone, said the MoU will unlock new financing potential for companies seeking to grow from Dubai.

“It will enable ADIB to provide SMEs with a more comprehensive suite of solutions and services,” he said.

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Nicole Abigael

Nicole Abigael is a Reporter at Arabian Business and the host of the AB Majlis podcast. She covers a diverse range of topics including luxury real estate, high-net-worth individuals, technology, and lifestyle...