Arab Bank and the Union of Businessmen of Iran in Dubai and Northern Emirates have signed a memorandum of understanding. The agreement was signed in the presence of representatives of both parties and is part of the efforts to develop business relations between the United Arab Emirates and Iran.
Within the framework of the memorandum, the necessity of cooperation between Arab Bank and the business community of Iran in search of new opportunities for expanding economic relations between the two countries has been emphasized. The signed agreement will also help strengthen ties between entrepreneurs and investors from Iran and Arab Bank in the United Arab Emirates.
"We believe that this partnership will bear fruit and will contribute to further growth of mutually beneficial relations between Iran and the United Arab Emirates," noted the representative of the council of leaders.
The parties expressed hope that this cooperation will become the foundation for future successful investments and projects in various sectors of the economy, which will lead to the strengthening of mutually beneficial business relations between Iran and the United Arab Emirates.
