(MENAFN- Khaleej Times) Dubai Multi Commodities Centre, or DMCC, and United Arab Bank, or UAB, have signed a memorandum of understanding to facilitate the process of companies opening a bank account when setting up in the DMCC Free Zone.
The two parties have agreed to collaborate in creating a streamlined process where companies can register in the DMCC Free Zone and open a bank account simultaneously. The benefits of the streamlined process will be the reduction of the time spent by companies establishing themselves in the DMCC Free Zone.
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