An understanding between RAKEZ and Dubai Commercial to support businesses and provide banking and financial solutions

The partnership offers RAKEZ customers a variety of banking products and services.

From the source

Ras Al Khaimah Economic Zone (Rakez) has signed a Memorandum of Understanding with Commercial Bank of Dubai to launch a strategic partnership aimed at providing RAKEZ customers with a wide range of banking products and services offered by Commercial Bank of Dubai to support their business journey in RAKEZ.

The memorandum of understanding was signed by Rami Gallad, CEO of RAKEZ Group, and Dr. Bernd van Linder, CEO of Commercial Bank of Dubai, according to which RAKEZ customers can benefit from many banking services offered by Commercial Bank of Dubai, which include opening commercial bank accounts. With ease and comfort, and access to innovative financial solutions, and other tailored services that are supervised by dedicated relationship managers to serve “RAKEZ” customers.

Rami Gallad said: “This strategic partnership with Commercial Bank of Dubai will play a major role in achieving our goals of making all services available to our customers quickly and easily, as well as introducing more initiatives that are in the interest of investors.”

For his part, Bernd van Linder said: “Startups and SMEs form the backbone of the country's economy.

The UAE government has paid great attention to developing the small and medium-sized companies system and enhancing their contribution to the national economy.”

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