(MENAFN- Emirates News Agency (WAM))
DUBAI, 30th October, 2018 (WAM) -- Dubai Land Department, DLD, has signed a Memorandum of Understanding, MoU, with Emirates Islamic, which agreed to be a banking partner for DLD's efforts to boost the growth of the Dubai real estate sector.
Majida Ali Rashid, CEO of the Real Estate Promotion and Investment Management Sector at DLD, and Wasim Saifi, Deputy CEO - Consumer Banking and Wealth Management at Emirates Islamic, signed the MoU.
Commenting on the MoU, Rashid said, "We at DLD are keen to establish partnerships with the private sector in order to work together in support of the Dubai real estate sector. Emirates Islamic, one of the largest national banks in the UAE with a wide range of customers, will support our initiatives and directives in promoting the Dubai real estate market and our ongoing strategy to attract more investors from around the world."
The agreement will seek to leverage Emirates Islamic's innovation-driven banking solutions expertise and customer-focused approach to support DLD's vision of positioning Dubai as the world's premier real estate destination and a byword for innovation, trust and happiness.
In turn, Saifi said, "As a leading local bank, we are delighted to partner with Dubai Land Department as the bank of choice for investors in the Dubai real estate sector. We believe that public-private sector collaborations play a strong role in achieving national objectives of creating a better environment for customers and investors. We also remain committed to supporting DLD's mission of continually raising the bar for transparency and efficiency in Dubai's real estate transactions."
WAM/Rola Alghoul/MOHD AAMIR
MENAFN3010201800610000ID1097639014
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.