Noor Trade Joins Gulfood as Official Banking Partner

Dubai-UAE: 09 February, 2015 – Noor Trade, the shari’a compliant banking service offered by Noor Bank to small and medium enterprises, has been announced as the Official Banking Partner for 2015 Gulfood. The partnership makes Noor Trade the official bank for the event, taking place from the 8 to 12 February. Noor Trade will be present on Stand No. 300, in Hall 3, of Dubai World Trade Center.

Gulfood is one of the largest annual food and hospitality shows in the region. The event attracted over 80,000 trade attendees last year, with over 60% from outside the UAE. With over one million square feet of floor space, the event brings together exporters seeking a good return on investment.

Usman Khakwani, Head of Business Banking, Noor Trade said, “Gulfood has played an essential role in opening distribution channels for industry related business from overseas. Our aim is to generate increased awareness of the Noor Trade brand, which has been one of the bank’s fastest growing businesses since inception. We strongly believe that we can provide strong financing solutions to exporters seeking stronger sales within the region.

“Dubai plays a key role as a trading hub for the global food industry, and Noor Trade can provide support in the region. We differentiate ourselves from other banks in the market with the single window delivery and the broad range of packaged solutions that we offer. This is distinctive compared to other Islamic banks that do not have the high level of expertise that we have established.”

Among the services that Noor Trade can offer to international delegates are global remittance services in over 100 currencies, international demand drafts in over 32 currencies, foreign currency solutions, investment solutions and corporate online banking for transactions and reports.

Noor Trade has multiple channels to service its customers through dedicated branches, ATM’s, CCDMs etc. It comprises an experienced team with dedicated relationship managers and a service unit to handle daily transactions. Noor Trade also offers a bespoke online banking platform to manage account activity, initiate transactions and generate MIS reports.