Dubai: Noor Islamic Bank and the Ras Al Khaimah Chamber of Commerce and Industry signed a memorandum of understanding (MoU) to foster the growth of small and medium enterprises (SMEs) in the emirate.
The bank said that it will provide members of RAK Chamber with Islamic finance solutions such as working capital, cash flow management, business analysis, strategic and operational support, as well as reviewing assumption for business plans.
"By offering easy finance to new business start-ups, we will be assisting members of the RAK Chamber in indentifying business opportunities," said Hussain Al Qemzi, CEO of Noor Islamic Bank.
No comments:
Post a Comment