Meydan Free Zone continues its promise to ease business set ups for entrepreneurs as they partner with Commercial Bank of Dubai. The 100% digital free zone has partnered with one of the leading banks in the UAE 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 van Linder 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.”
About Meydan Free Zone
Meydan Free Zone is a 360-degree platform that helps entrepreneurs in successfully setting up a business. It is one of the free zones that offers cost-effective business setup in Meydan. Meydan Free Zones offers a wide range of beneficial services to business owners through easy bank account setups, flexibility on applying for dependent visas and 100% foreign ownership. Meydan Free Zone supports 1,500 business activities and enables business owners to focus on growing and expanding the business while taking care of the other additional yet important activities.