Al Yousuf GreenTech and Union National Bank to offer ‘Green Loans’


May 13, 2014 | By RetailME Bureau

Al Yousuf GreenTech (AGT), a subsidiary of UAE-based conglomerate Al Yousuf Group providing energy-saving electrical solutions, has partnered with the Union National Bank (UNB) and LG Electronics to launch the first-of-its-kind loan service, titled Green L oan, in the region. The service would offer tailor-made solutions to clients on the wide-range of energy efficient products from globally renowned brands offered by AGT.

“Through the Green Loan service, our customers would be able to witness a drastic saving right from the time of installation. It is an unfailing solution to ensure optimum efficiency and saving for our customers. With LG’s reputable and high-quality products, UNB’s regional and financial expertise and our established leadership in design and implementation, this would be a highly profitable partnership for all,” says Eqbal Al Yousuf, president of Al Yousuf Group.

AGT provides end-to-end building and home automation solutions, from designing and installation to after-sale service, using energy-saving solutions. AGT’s product portfolio ranges across a wide-range of indoor and outdoor LED lights, efficient air-conditioners, solar lights, light sensors and accessories.

“Union National Bank will be able to help the customers, attain the energy efficiency milestones that will help them reduce energy use, save money and make a positive impact on the environment, while also improving the quality of their lives now and for many years to come,” says Mohammed Zein, SVP & head of corporate business group, UNB.

“We share a long standing and highly-successful partnership with Al Yousuf Group. They offer us the right synergy in our ideas and business philosophy. We are pleased to see this partnership strengthen further to AGT’s innovative scheme’s to offer more in cost-saving to customers,” adds DY Kim, president of LG Electronics Gulf FZE.

Comments

comments

Previous Article Next Article

SHARE

YOU MAY ALSO LIKE /


Lulu Group partners with Amazon expanding grocery offerings to online customers in the UAE

Abu Dhabi based grocery retail chain Lulu Group has partnered with Amazon 

Continue Reading

November 24, 2022 | By RetailME Bureau
Food Tech Valley partners with Tradeling to boost UAE’s food ecosystem

UAE-government-led initiative Food Tech Valley – announced in 2021 by His Highness 

Continue Reading

November 17, 2022 | By RetailME Bureau
Lulu Hypermarket to open in The Dubai Mall in 2023

Abu Dhabi-based supermarket chain Lulu Hypermarket is all set to open in 

Continue Reading

November 10, 2022 | By Rupkatha B
Beyond Meat’s Q3 2022 results “disappointing”

Plant-based meat brand Beyond Meat’s financial results for the third quarter of 

Continue Reading

November 10, 2022 | By RetailME Bureau
Barakat unveils new biodegradable packaging

UAE’s fresh produce brand Barakat has launched bio-degradable packaging across its entire 

Continue Reading

October 27, 2022 | By RetailME Bureau
Pure Harvest CEO Sky Kurtz

UAE-based agritech start-up Pure Harvest Smart Farms has signed a Memorandum of 

Continue Reading

October 27, 2022 | By RetailME Bureau
Carrefour signed up as anchor tenant for Midtown Project

Carrefour, owned and operated by Majid Al Futtaim – Retail in the 

Continue Reading

October 27, 2022 | By RetailME Bureau
Grandiose Supermarket announces country-wide expansion plans

Grandiose Supermarket, part of Ghassan Aboud Group, has announced expansion plan in 

Continue Reading

October 26, 2022 | By Rupkatha B
100 years of Valrhona

The Valrhona journey began 100 years ago with a cocoa bean. Since 

Continue Reading

October 24, 2022 | By Justina Eitzinger
On-demand grocery delivery in 15 mins

Deliveroo UAE has announced the expansion of its rapid grocery delivery service 

Continue Reading

October 24, 2022 | By RetailME Bureau
Mariam bint Mohammed Almheiri, Minister of Climate Change and Environment

The Ministry of Climate Change and Environment (MOCCAE) revealed that the UAE 

Continue Reading

October 17, 2022 | By RetailME Bureau

Abu Dhabi-based leading supermarket chain Lulu Group has appointed investment bankers Moelis 

Continue Reading

October 13, 2022 | By RetailME Bureau




f
Download Images RetailME Magazine