Shutterstock/Kirill Neiezhmakov
by Kudakwashe MuzoriwaDubai Economy (DED) has partnered with Commercial Bank of Dubai (CBD) to provide easy banking services for investors applying for new licences or renewing their trade licences.
Omar Bushahab, the CEO of the Business Registration & licencing (BRL) sector in DED, said, “We are committed to offering innovative initiatives that will reduce cost of doing business and enhance liquidity to support business expansion.”
DED stated that the partnership marks another step to upgrade the quality of business registration and licencing services in Dubai and eventually enhance liquidity of licence owners through improved ease as well as reduced cost of doing business.
Additionally, CBD will also issue business owners with a CBD credit card and they can convert their licence fee into a zero per cent easy payment plan payable over a period between six to 12 months.
The lender will also offer a digital platform to businesses to promote their products and services to the CBD database of customers.
MOST READ
BUSINESS
UAE firms launch Covid-19 economic aid packagesBUSINESS
Saudi Arabia plans to boost oil export to 10...BUSINESS
Aldar to invest AED 2 million in Abu Dhabi...BUSINESS
Saudi Aramco posts a 21 per cent decrease in...BUSINESS
Oil drops 31 per cent as price war erupts...BUSINESS
ING Groep plans to sell its Turkish unitBUSINESS
Bahrain considers stake sell in oil assetsBUSINESS
NMC Health hires Moelis for debt restructuringBUSINESS
Saudi Aramco prepares for international listingBUSINESS
SABB seeks to boost corporate lendingBUSINESS
Egypt plans to resume IPOs of parastatalsBUSINESS
SHUAA Capital reports a net profit of AED 45...BUSINESS
HSBC considering exiting from Turkey
CPI Financial was established in Dubai in 1999 to meet the needs of an ever-expanding financial community, offering a comprehensive portfolio of market-leading products and services tailor-made for the banking and financial services sectors.
Loading More post
