Jafza partners with Al Masraf to facilitate SMEs' business activities

Jafza partners with Al Masraf to facilitate SMEs' business activities

Jebel Ali Free Zone (Jafza) has entered into a Memorandum of Understanding (MoU) with Arab Bank for Investment and Foreign Trade (Al Masraf) to support business operations of small and medium-sized enterprises (SMEs) and other enterprises at Jafza. The agreement is in line with DP World's objective to facilitate business activities of over 8,700 customers at the free zone and attract entrepreneurs across the world, according to a press release on Monday. Hence, Jafza will benefit from the partnership in enabling SMEs to faster implement their financial processes, including account opening, financial documentation, and automation of the remediation process for its partners. The said: Meanwhile, the commented: