Dubai: Dubai Chamber of Commerce, a key entity under Dubai Chambers, recently held an open dialogue in partnership with Mashreq, engaging 82 representatives from the private sector. The session was centered around addressing the pressing banking needs of the business community and highlighted the financing solutions and advanced services offered by Mashreq to support companies and enhance their resilience amid evolving economic conditions.
According to Emirates News Agency, this event is part of a series of interactive dialogues organized by Dubai Chamber of Commerce in collaboration with leading financial institutions. The initiative is designed to align banking products and services with the requirements of companies, fostering sustainable growth and confidence amid changing business landscapes.
The dialogue saw the participation of Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers; Joel Van Dusen, Group Head of Corporate and Investment Banking at Mashreq; Fernando Morillo, Group Head of Retail Banking Group; Roy Sebastian, Group Chief Credit Officer; alongside business leaders from Mashreq. The discussions delved into the financing challenges businesses face and their evolving banking needs, emphasizing practical solutions to bolster operational efficiency and financial resilience. This underscores the crucial role of the banking sector in supporting the business community within a swiftly changing global environment.
Mohammad Ali Rashed Lootah emphasized the importance of protecting the interests of the business community and bolstering the competitiveness of the private sector. He highlighted the commitment to strengthening Dubai's business ecosystem to support companies operating in the emirate, ensuring their growth and continuity amidst evolving circumstances. This commitment further reinforces Dubai's standing among the world's leading trade and investment centers.
Joel Van Dusen elaborated on Mashreq's strategy of moving beyond traditional banking to become a trusted strategic partner for clients, aiming to support them in achieving sustainable growth. By combining innovative banking solutions with tailored financing capabilities, Mashreq helps businesses address their evolving needs, enhance operational efficiency, and bolster long-term competitiveness. This support is vital as businesses navigate challenging times, reflecting a shared commitment with Dubai Chamber of Commerce to strengthen the UAE economy and private sector resilience.
During the event, Mashreq's business banking team presented the bank's comprehensive range of financial solutions for companies, focusing on tools and support to help businesses tackle current global challenges. Discussions also addressed the financing priorities of various sectors, highlighting the significance of flexible funding tools and innovative banking options that aid companies in adapting, maintaining business continuity, and enhancing private sector resilience.
Fernando Morillo stated that Mashreq is committed to providing businesses with intuitive financial tools that support growth. The bank engages closely with its Business Banking clients through diverse channels, including forums and interactive sessions, allowing for effective responses to real business challenges. By collaborating with Dubai Chamber of Commerce, Mashreq is reinforcing collaboration within the ecosystem, creating an environment where businesses can adapt confidently. This approach underscores their focus on delivering tailored, forward-looking banking solutions that enhance operational agility and financial resilience.
This session is part of a broader series of events organized by Dubai Chambers with private sector stakeholders to assess current business conditions, anticipate future outlooks, and strengthen strategies to enhance the readiness of all sectors in responding to global developments. Through these engagements, Dubai Chambers continues to work closely with the business community to understand changing business needs, support companies more effectively, and improve their competitiveness and operational performance.