National Bank of Fujairah signs MoU with SAIF Zone to enhance banking access for businesses and investors
Strategic partnership enhances access to banking solutions and strengthens ease of doing business within one of the UAE’s leading free zones
Sharjah, UAE – 24 June 2026: National Bank of Fujairah PJSC (NBF) announced the signing of a Memorandum of Understanding (MoU) with Sharjah Airport International Free Zone (SAIF Zone), establishing a strategic partnership aimed at enhancing banking accessibility and delivering comprehensive financial solutions to companies operating within the free zone.
The collaboration reflects a shared commitment to enabling business growth, attracting investment, and strengthening the UAE’s dynamic business ecosystem. Through the partnership, NBF and SAIF Zone will work closely together to facilitate seamless banking services for investors, SMEs, and corporates, while promoting long-term growth and sustainability.
Under the MoU, NBF will provide a range of banking and financial services to eligible SAIF Zone companies. These services include account opening, cash management solutions, trade finance services, and financing facilities tailored to meet the evolving needs of businesses operating within the free zone. The partnership will be underpinned by NBF’s relationship-led banking model, ensuring personalised support and sector-focused expertise for clients.
As part of the partnership, NBF will establish a representative office within SAIF Zone, staffed by dedicated relationship personnel to support both existing and prospective clients. This will further enhance access to NBF’s banking services and provide convenient, on-the-ground support for businesses operating within the free zone.
In addition, both parties will collaborate to promote investment and business development initiatives, reinforcing SAIF Zone’s position as a leading regional hub for trade, logistics, manufacturing, and international investment.
Adnan Anwar, Chief Executive Officer of NBF, said: “This partnership with SAIF Zone reflects NBF’s ongoing commitment to supporting businesses and investors across the UAE. By combining our relationship-driven banking approach with SAIF Zone’s strong value proposition, we aim to provide companies with the financial solutions, guidance, and accessibility they need to grow with confidence and contribute meaningfully to the nation’s economic development.”
H.E. Saud Salim Al Mazrouei, Director of the Sharjah Airport International Free Zone Authority (SAIF Zone), said that strengthening the Authority’s strategic partnership with the National Bank of Fujairah aligns with its commitment to delivering innovative, high-quality solutions that enhance the experience of investors and business partners. He noted that the signing of the MoU comes at a time when the Authority continues to witness strong growth in its investor base, having become home to more than 8,000 companies from 165 countries worldwide, underscoring the importance of expanding accessible financial services to support this continued growth.
Al Mazrouei added: “We are pleased to collaborate with the National Bank of Fujairah to provide our clients with a comprehensive suite of innovative banking and financial solutions. This partnership reflects our ongoing efforts to empower investors to conduct their business efficiently and seamlessly, while fostering a dynamic and integrated business environment that supports long-term growth and sustainability.”
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About Sharjah Airport International Free Zone (SAIF Zone)
Sharjah Airport International Free Zone Authority (SAIF Zone) is one of Sharjah’s leading investment destinations, offering a competitive business environment supported by advanced infrastructure and a comprehensive range of services tailored to businesses across the commercial, industrial and service sectors. The Authority provides streamlined licensing procedures, customs facilitation, integrated logistics solutions, and rapid cargo and customs clearance services, enabling investors to establish and grow their operations efficiently while benefiting from a business-friendly ecosystem designed to support sustainable growth across diverse industries.
About National Bank of Fujairah PJSC:
Incorporated in 1982, National Bank of Fujairah PJSC (NBF) is a full services corporate bank with strong corporate and commercial banking, treasury and trade finance expertise as well as an expanding suite of personal banking options and Shari’ah compliant services. Leveraging its deep banking experience and market insight within Fujairah and the UAE, NBF is well-positioned to build lasting relationships with its clients and help them achieve their business goals.
NBF’s key shareholders include the Government of Fujairah and Easa Saleh Al Gurg LLC. Rated Baa1 / Prime-2 for deposits and A3 for counterparty risk assessment by Moody’s and BBB+ / A-2 by Standard & Poor’s, both with a stable outlook, the bank is listed on the Abu Dhabi Securities Exchange under the symbol “NBF”. It has a branch network of 15 across the UAE.
For further information, please contact:
Strategic Marketing and Communications Department
E-mail: CorpComm@nbf.ae
Telephone: +971 4 507 8351 and +971 4 507 8576
