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DUBAI / WAM
The Business Registration and Licensing (BRL) sector in the Department of Economic Development (DED) in Dubai, signed two separate agreements with the Abu Dhabi Commercial Bank (ADCB), and Mashreq Bank to ensure the provision of banking services to e-traders.
The agreements will ensure stronger banking support and smooth transactions for holders of e-Trader licenses, laun-ched by DED to regulate and enhance transparency across business activity on social networking sites.
Omar Bushahab, CEO of BRL, signed the agreements with Amr Al Menhali, Head of Islamic Banking at ADCB, and Rohit Garg, Head of Business Banking at Mashreq, respectively.