AFZ, Mashreq to facilitate business set-up

  • Date: 23-Jan-2020
  • Source: Emirates Business
  • Sector:Economy
  • Country:UAE
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AFZ, Mashreq to facilitate business set-up

Ajman Free Zone (AFZ) signed a Memorandum of Understanding (MoU) with Mashreq Bank, the oldest privately-owned bank in the UAE.. The agreement, spanning two years, will entail any business that chooses to set up in Ajman Free Zone being recommended the services of Mashreq Bank during the registration or licensing process.. Businesses will undergo the same standard vetting application process as other applicants, but the service will be faster.. "As we start the new year, we will continue to take further steps towards equipping businesses with efficient services, while safeguarding their interests and ambitions," Her Excellency added..