Reem Finance Company Research Report

Company Overview

• Name: Reem Finance

• Mission: To deliver business excellence through customized, timely, and transparent financing solutions for individuals, SMEs, and corporations. Harness growth through strategic financial operations driven by integrity and innovation, in alignment with the UAE’s vision and values.

• Founded: 2007

• Founders: No information is available

• Key People:

• Dr. Saleh Al Hashemi: Chairman

• Syed Basar Shueb: Vice-chairman

• Majed Odeh: Board Member

• Sara Al Bin Ali: Board Member

• Dr. Huda Abdulla: Board Member

• Seraj Tariq Faidi: CEO

• Nouman Aziz: Chief Strategy Officer

• Manoj Asher: Head of Compliance

• Mohamed Al Zamil: Chief Operating Officer

• Headquarters: Abu Dhabi, UAE

• Number of Employees: No information is available

• Revenue: No information is available

• Known For: Providing financial solutions to facilitate business growth and advance trade capacity for private entities within various sectors in the UAE.

Products

Corporate Deposits

• Description: Offers attractive interest rates for corporate fixed deposits.

• Key Features:

• Two types of deposit solutions.

Amala Financing

• Description: Supports customers by facilitating the recruitment of domestic help without financial concerns.

• Key Features: Designed to meet the financial demands of recruiting domestic workers.

Corporate Finance Solutions

• Description: Provides comprehensive solutions with flexible repayment options and competitive interest rates.

• Key Features:

• Term Loans

• Mezzanine Financing

• Asset Backed Loans

• Project Finance

• Real Estate Financing

• Factoring

Real Estate Financing

• Description: Offers financing for residential, commercial, and mixed-use real estate projects.

• Key Features:

• Freehold projects in the UAE

• Requires clear title and first charge over projects

Recent Developments

• New Partnerships:

• August 30, 2024: Signed MoU with Aura.

• August 15, 2024: Partnered with Appro Onboarding Solutions to enhance customer onboarding experience.

• August 1, 2024: Partnered with Network International to support digital transformation solutions.

• New Products/Features:

• No information is available regarding new product launches or added features to existing products.

• Other Developments:

• Continuous expansion of market share and service offerings, as emphasized in the CEO's message for the company's 16th anniversary.

This report aims to provide a comprehensive analysis based solely on the data made available.