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| IBA (Middle
East) FZE, Jabel Ali, Dubai, U.A.E.
(earlier known as MERINT FZE till 2003) |
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The Company’s business is
identical to that of New Merchants International LLC. |
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It was established mainly
due to the reason that when Merint-Dubai imported material and
offered to those customers who were exempt from customs duty, New
Merchants International was neither able to avail of this benefit
nor pass it on to the customers. |
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IBA (Middle East) FZE
supports the activities of Merint-Dubai and may be viewed as a
subsidiary of Merint-Dubai. |