Ajman Bank has signed a Memorandum of Understanding (MoU) with Thara Entrepreneurship Hub to expand support for entrepreneurs, SMEs, and startups in the United Arab Emirates.
The agreement will provide a work for tailored financial solutions, mentorship, and community initiatives, creating a platform that empowers entrepreneurs and strengthens the SME ecosystem in Ajman and beyond.
Mustafa Al Khalfawi, Chief Executive Officer of Ajman Bank, said: “Ajman Bank partnership with Thara Entrepreneurship Hub, reinforcing our commitment to supporting the SME and startup ecosystem in the UAE. This collaboration reflects our dedication to empowering entrepreneurs by offering tailored financial solutions, expert guidance, and seamless banking experiences that evolve with their business needs”.
Through this MoU, Ajman Bank aims to go beyond traditional banking by actively participating in mentorship programs, and community-driven initiatives hosted by Thara Entrepreneurship Hub. “Collectively, we are cultivating a dynamic platform that fuels economic progress and empowers the future generation of business leaders in Ajman and across the UAE” added Mustafa.
Faizal Kundil, Head of Consumer Banking, Ajman Bank Said:” At Ajman Bank, we are deeply committed to fostering entrepreneurship and innovation across the UAE. Our partnership with Thara Entrepreneurship Hub reflects our shared vision to empower startups and SMEs with the financial tools, knowledge, and support they need to thrive. By combining our banking expertise with Thara Hub’s dynamic ecosystem, we aim to create meaningful impact and contribute to the sustainable growth of the entrepreneurial landscape in Ajman and beyond."
Thara Entrepreneurship Hub Quote
H.E. Marwan Harib, Chief Executive Officer of Thara Entrepreneurship Hub, said:
“At Thara Entrepreneurship Hub, we are committed to empowering entrepreneurs by creating an enabling environment that supports their growth and success. Our strategic partnership with Ajman Bank marks an important step in providing our members with innovative and accessible financial solutions that cater to their needs at every stage of their journey.”
“This collaboration goes beyond financial benefits; it reflects our shared vision with Ajman Bank to nurture a thriving entrepreneurial ecosystem through workshops, events, and knowledge-sharing initiatives. Together, we aim to drive innovation, foster collaboration, and contribute to the sustainable economic growth of Ajman and the UAE”. Marwan added.
The partnership highlights the shared vision of Ajman Bank and Thara Entrepreneurship Hub to foster entrepreneurship and contribute to sustainable economic development in the UAE.
Ajman Bank Public Joint Stock Company (P.J.S.C) is licensed by the Central Bank of the UAE. All our products and services are Shari’ah compliant.
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