Emirates NBD, DIFC to support Dubai Economic Agenda D33 goals

Emirates NBD and Dubai International Financial Centre (DIFC) have signed a Letter of Intent, joining hands to boost the future of finance, innovation, talent and entrepreneurial growth in the region.

The joint initiative aims to encourage national talent, drive innovation and entrepreneurial growth and build Emirates NBD’s global reputation in the areas of fintech and ESG, with the ultimate goal to boost the nation’s global standing as a key global investment hub.

The document was signed at the recently held Dubai FinTech Summit 2023.

The @DubaiFinTechSum, hosted by #DIFC & dubbed as the “New GLOBAL home to the future of FinTech & Finance”, provided an amazing two-day journey.
We extend our gratitude to all those who made it unforgettable. Looking forward to the next edition of #DubaiFinTechSummit in May 2024. pic.twitter.com/ILhG1acmlr

— DIFC (@DIFC) May 9, 2023

DIFC to support Emirates NBD priorities

Through this collaboration, the DIFC aims to support Emirates NBD’s priorities through various ongoing initiatives, including the DIFC FinTech Launchpad, DIFC Virtual Hub and DIFC Events agenda – each providing a platform for the bank to further explore and grow fintech and ESG innovations and partnerships, according to a statement.

Abdulla Qassem, group chief operating officer, Emirates NBD said: “As a leading local bank, Emirates NBD is committed to financing the real economy of the UAE and contributing to the long-term economic growth and development of the region. Emirates NBD has had a long-standing relationship with the DIFC and it is our joint endeavor to take Dubai to new heights transforming it into a global economic superhub.”

He added, “Supported by the DIFC, we are confident that we will continue to boost innovation and drive stronger partnerships to provide more ecosystem-driven solutions to customers.”

Arif Amiri, CEO of DIFC Authority said: “DIFC is committed to supporting Dubai Economic Agenda D33 to transform the city into one of the top three global business hubs. Collaborating with Emirates NBD, we believe in the power of collective effort to drive transformative change in the future of financial services.

“As a leading global financial centre in the region, a significant contributor to Dubai’s GDP and a key employment creator, we are dedicated to providing resources and platforms for Emirates NBD to thrive. Together, we will shape the future of finance and build a stronger, more resilient economy for the region and the world.”