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Thursday, December 3 - 2009

Emirates Motor signs agreement with Al Hilal Bank

  • United Arab Emirates: Wednesday, April 08 - 2009 at 12:18
  • PRESS RELEASE

Emirates Motor Company (EMC), Mercedes-Benz general distributors in Abu Dhabi and Al Ain and the flagship company of Al Fahim Group, signs a financial agreement with Al Hilal Bank on 6 April 2009 to facilitate car financing for Mercedes-Benz enthusiasts.

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  • from the left Mr.Mr. Irfan Tansel,& Mr . Mohamed Zaqout.
    from the left Mr.Mr. Irfan Tansel,& Mr . Mohamed Zaqout.
"As corporate citizens, our aim is to provide peace of mind to Mercedes-Benz fans. Besides helping EMC increase sales, the alliance with Al Hilal Bank also aids the public in overcoming their financing fears in such difficult times. We truly thank Al Hilal Bank for facilitating a purchase of a new Mercedes-Benz from our showrooms," commented Mr. Irfan Tansel, General Manager of EMC, at the event.

Speaking on the occasion Mr. Mohamed Zaqout, EVP and Head of Personal Banking of Al Hilal Bank said:
"We are committed to provide consumers the flexibility and convenience of owning their dream car by extending the finance period to 84 months and not asking them to pay any down payment. With EMC we see a synergy of putting people first. We customize our banks policies in sync with the market demand and are happy to have partnered with the group in this innovative offer."


"Customers can avail the unique opportunity of instant finance evaluation by our team and with the required documentation papers, they can walk in and drive out." concluded Mr. Zaqout.

EMC is offering the 0% profit rate to incorporate four new Mercedes-Benz elegant models: the C, GLK, ML and S Classes. The exclusive offer is only available at the EMC Marina Mall showroom in Abu Dhabi and the EMC showroom in Al Ain.
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About Al Hilal Bank
Al Hilal Bank is wholly owned by the Abu Dhabi Investment Council, which is an investment body of the Government of Abu Dhabi.

The Bank has an authorized capital of Dhs4bn and is licensed to operate as an Islamic commercial bank. Al Hilal Bank is committed to becoming the region's leading financial institution, escalating the development of Islamic Banking with a fresh approach to the industry, new technology and service excellence. Al Hilal Bank has eight branches across UAE.

About EMC
As the flagship company of Al Fahim Group, Emirates Motor Company (EMC) symbolizes the phenomenal growth and success that Al Fahim has achieved. EMC is one of the Middle East's leading distributors for Mercedes-Benz, and is synonymous with immaculate quality - in true Mercedes-Benz tradition.

EMC has been the authorized general distributor for Mercedes-Benz in Abu Dhabi and Al Ain since 1962. From the beginning, dedicated customer service has played a major role in the company's success. EMC is also the first Mercedes-Benz distributor in the Middle East to be awarded the ISO 9002 certification.

EMC markets, distributes and services all Mercedes-Benz vehicles, from luxury saloons to the largest trucks, and provides qualified service with the constant availability of genuine parts. Innovative customer-oriented marketing programmers, designed to provide comprehensive support to its loyal clientele, remain EMC's focus.

Operations in Abu Dhabi are carried out from purpose-built premises with a well-integrated network of showrooms, offices, part depots and workshops. EMC serves a premium client segment in the region, including dignitaries, the UAE government, oil companies and the business community. Moreover, EMC is constantly involved in community-driven activities that include social, environmental, charity, and sports efforts.

Combining the finest marketing skills with state-of-the-art service facilities, EMC guarantees what the Mercedes-Benz name stands for, namely the highest level of customer satisfaction.

About Al Fahim Group
Established in 1958 by late Abdul Jalil Al Fahim (mercy be upon him), Al Fahim Group is one of the largest family businesses in Abu Dhabi and in the UAE. In five decades, the business has transformed from a simple shop in Al Ain market into a remarkable, multi-faceted conglomerate with numerous business lines and an array of growth avenues.

Al Fahim Group has a stronghold on luxury car sales, provides specialized services to the oil and gas industry, and is the largest private sector owner of hotel rooms in UAE. Also, Al Fahim Group strategically invests in industrial development, travel & tourism and real estate.

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