Dar opens MCB branch in Dubai

Share
The inaugural ceremony was attended by Sheikh Nahyan Mubarak al Nahyan, Deputy Governor State Bank of Pakistan Riaz Riazuddin, UAE Central Bank officials and a large number of dignitaries, said a message received here from Dubai on Thursday night.
Speaking on the occasion, the minister said that the establishment of an MCB branch in Dubai would provide quality banking services to the large Pakistani community and also facilitate them in sending remittances back home.
The other Pakistani banks should also establish their branches in the Middle East and other areas with presence of large Pakistani community as it would help them send their remittances and avail other banking services, he added.
Dar appreciated the role of the overseas Pakistanis as their remittances not only helped build up the foreign exchange reserves but also provide economic sustenance to thousands of their kins in Pakistan.
He extended them felicitation on Pakistan's achievement of the highest forex reserves milestone of over $18.7 billion.
He also lauded the role of the Pakistani community in the development of UAE.
Earlier in his comments on the occasion, Sheikh Nahyan Mubarak al Nahyan welcomed the opening of the leading Pakistani bank branch in Dubai and said it would be a good addition to the extensive and vibrant local and international banking network in the UAE.
He hoped as a leading bank of Pakistan it would promote banking activities in the Emirates.
MCB President Imran Maqbool thanked Finance Minister Dar, Sheikh Nahyan Mubarak al Nahyan, SBP Deputy Governor, senior UAE Central Bank officials and other guests for gracing the occasion.
- What is the right age of paddy nursery to transfer?03:14 PM | 2 Jul, 2022
- Cotton crop care during monsoon05:45 PM | 28 Jun, 2022
- Rooftop agriculture07:25 PM | 25 Jun, 2022
- Paddy directly from seed cultivation method05:56 AM | 22 Jun, 2022
- Bio-fertilizers | benefits and usage04:55 PM | 18 Jun, 2022
- Balochistan's first woman SHO takes charge11:24 PM | 3 Jul, 2022
- Imran Khan's billionaire friend wins defamation suit against Indian ...10:42 PM | 3 Jul, 2022
- Iqra Aziz and Yasir Hussain share stunning pictures from vacation09:27 PM | 3 Jul, 2022
- Pakistani fans excited but were Ms. Marvel scenes really shot in ...08:59 PM | 3 Jul, 2022
- Search operation under way for missing French paraglider in Gilgit ...08:25 PM | 3 Jul, 2022
- Iqra Aziz and Yasir Hussain share stunning pictures from vacation09:27 PM | 3 Jul, 2022
- Hassan Ali’s adorable birthday celebration with wife goes viral04:49 PM | 3 Jul, 2022
- Komal Baig blessed with a baby boy04:13 PM | 3 Jul, 2022
- Pakistan’s largest city Karachi still among world’s least ...06:26 PM | 23 Jun, 2022
- 42 Pakistani universities make it to Times Higher Education Asia ...07:52 PM | 1 Jun, 2022
- Four Pakistanis make it to Forbes 30 Under 30 Asia List 202209:53 PM | 28 May, 2022
- Five best Pakistani YouTube channels that would make your Ramadan ...12:24 PM | 15 Apr, 2022