How to Open a Corporate Business Account in Dubai

How to Open a Corporate Business Account in Dubai

In order to maintain a proper financial record of your business, you need a separate bank account to manage its funds. The corporate bank account can be utilized for tracking the money which is to be paid to the creditors, managing cash balance, creating profit and loss statements based on the funds owed to the…

How to Open a Dubai Islamic Bank Account

How to Open a Dubai Islamic Bank Account

The Dubai Islamic Bank (DIB), as the name suggests, was first established in Dubai by Haj Saeed Bin Ahmed Al Lootah. The basic purpose of this bank creation was to incorporate the principles of Islam and its practices in the banking sector; in the long run, DIB managed to do this successfully and is now…