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National Bank of Fujairah and Muller & Phipps ME Group Sign MoU to Strengthen UAE’s Technology Supply Chain

November 4, 2025
2 min read
Author: Kay-Lyne Wolfenden

The collaboration will allow M&P to offer flexible financing terms to its network of partners, while enabling NBF to expand its value-added services to a broader range of clients across the technology ecosystem.

As part of its ongoing commitment to support the UAE’s rapidly growing technology sector, National Bank of Fujairah (NBF)  has signed a Memorandum of Understanding (MoU) with Muller & Phipps ME Group (M&P) , a MENA-based technology distribution house, to provide dedicated distribution financing solutions that enhance liquidity, support channel growth, and enable a more resilient technology supply chain.

Announced during GITEX Global 2025, this strategic partnership reflects NBF’s continued commitment to empowering the UAE’s technology sector through tailored financial solutions that address the evolving needs of distributors and channel partners.

The collaboration will allow M&P to offer flexible financing terms to its network of partners, while enabling NBF to expand its value-added services to a broader range of clients across the technology ecosystem.

“This partnership reflects NBF’s commitment to supporting the ambitions of technology leaders and innovators in the UAE. By joining forces with Muller & Phipps ME Group, we are expanding our financing solutions to empower businesses of all sizes to strengthen their supply chain and accelerate growth.”

Rehan Ali, Head of Business Banking, NBF

“At Muller & Phipps ME Group, our vision is to connect markets, empower innovation, and create long-term value across every business we operate. We’re building a group that not only leads in its sectors but also sets new benchmarks for integrity, innovation, and impact.”

Trevor Price, Group CEO, Muller & Phipps ME Group

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