Emirates NBD and DIFC collaborate to support Dubai Economic Agenda D33

Emirates NBD and DIFC collaborate to support Dubai Economic Agenda D33

The letter of intent was signed at the Dubai FinTech Summit 2023, by Arif Amiri, CEO of DIFC Authority, and Abdulla Qassem, group chief operating officer, Emirates NBD. — Supplied photo

By WAM Published: Tue 9 May 2023, 6:36 PM Last updated: Tue 9 May 2023, 6:37 PM

Emirates NBD and the Dubai International Financial Centre (DIFC) have signed a letter of intent, which will aim to drive the future of finance, innovation, talent and entrepreneurial growth in the region, thus contributing to Dubai’s GDP growth ambitions.

The letter of intent was signed at the Dubai FinTech Summit 2023, by Arif Amiri, CEO of DIFC Authority, and Abdulla Qassem, group chief operating officer, Emirates NBD.

When in effect, the agreement will aim at bringing together Emirates NBD, one of the region’s largest banks and leader in digital banking innovation, with DIFC, the leading global financial centre in Middle East, Africa and Southern Asia (MEASA), which is home to the largest cluster of fintech and innovation hubs. The joint initiative plans to foster national talent, boost innovation and entrepreneurial growth and build Emirates NBD’s overall global reputation in the areas of FinTech and ESG, with the end goal of boosting the nation’s global standing as