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.
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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.
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