UAE- DEC and StanChart sign agreement


(MENAFN- Khaleej Times) The dubai economic council or dec and standard chartered bank have signed an mou stipulating that standard chartered will advise arrange and facilitate trade and investment flows between the public and private sectors based in dubai uae and the us based on the $5 billion mou signed earlier between us-exim bank and the dec last year.

standard chartered bank has been chosen for its expertise in facilitating trade and investment flows across asia africa and the middle east as well as the understanding history and scale of the bank’s participation in facilitating flows between dubai and the rest of the world. this mou will open up avenues for trade facilitation and project financing in various fields.


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