Dubai: Sharjah Economic Development Department (SEDD) announced it has signed a memorandum of understanding with Emirates NBD to develop services that promote economic development in the emirate.

Under the deal, the two sides will cooperate to facilitate licensing procedures for investors and provide services to customers. This will include offering digital services to reduce paper procedures and provide electronic options and approved banking channels.

The agreement comes as SEDD works to meet the needs of businesses and provide more facilities.