Dubai: Dubai Chamber of Commerce, one of the three chambers under the Dubai Chambers umbrella, recently organized an interactive open dialogue in collaboration with Emirates NBD, involving 86 representatives from the private sector. The session aimed to address the pressing banking needs of the business community and highlight the bank's financing solutions and advanced services to fortify companies' resilience amid shifting economic landscapes.
According to Emirates News Agency, this event was part of a broader series of interactive dialogues orchestrated by Dubai Chamber of Commerce in partnership with leading financial institutions. The initiative seeks to align banking products and services with the specific needs of companies, enabling them to sustain growth and confidently navigate changes.
The session, attended by Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, and Ahmed Al Qassim, Group Head of Wholesale Banking at Emirates NBD, delved into the challenges businesses face and their current banking requirements. Participants engaged in discussions to explore practical solutions for enhancing operational efficiency and financial resilience. The dialogue underscored the crucial role of the banking sector in aiding the business community to adapt to a rapidly changing global environment.
Mohammad Ali Rashed Lootah emphasized the chamber's commitment to supporting the business community and aiding companies in navigating swiftly evolving economic conditions. He highlighted the importance of strengthening engagement among strategic partners and stakeholders across all sectors, with a particular focus on the banking sector. This commitment ensures that financial solutions and services remain aligned with business needs to support continuity, enhance resilience, and foster long-term growth.
During the event, Emirates NBD's team presented the bank's comprehensive range of financial solutions for companies, emphasizing the tools and support available to help businesses overcome current global challenges. The discussions focused on sector-specific financing priorities, underscoring the significance of flexible funding tools and innovative banking options that enable companies to adapt, maintain business continuity, and bolster private sector resilience.
Ahmed Al Qassim remarked on the near-term pressures businesses face due to regional conditions that create operational and market challenges. He noted that forums like this session, convened by Dubai Chambers, provide a vital channel for direct dialogue between the private sector and financial institutions, ensuring support aligns with business needs. He reaffirmed Emirates NBD's commitment to the region and its customers, pledging to provide services that empower companies to respond confidently to evolving market dynamics.
In response to these challenges, Emirates NBD has launched a Business Support Package offering temporary fee relief to aid SMEs in managing day-to-day operations over the coming months. The bank continues to work closely with clients to deliver tailored solutions across industries.
This session is part of a larger series of events organized by Dubai Chambers with private sector stakeholders to assess current business conditions, anticipate future outlooks, and strengthen strategies to bolster sector readiness in responding to global developments. Through these engagements, Dubai Chambers remains closely connected with the business community to understand changing needs, support companies more effectively, and enhance their competitiveness and operational performance.
