Emirates Development Bank supports UAE food security sector
Emirates Development Bank
Latest in Emirates Development Bank
EDB
UAE business: Emirates Development Bank financing hits $3bn, manufacturing and technology sectors benefit
Emirates Development Bank financing is helping to boost the UAE economy
EDB
EDB is highest rated bank in the UAE and MENA as S&P Global raises credit rating to AA
UAE’s Emirates Development Bank becomes highest rated bank in the MENA region after S&P Global credit rating boost
Artificial intelligence
UAE’s MoIAT, EDB partners to launch AED370m of financing for AI
The programme aims to foster collaboration between prominent industry players and technology developers to harness cutting-edge AI technologies to help solve the most pressing industrial challenges within national industry
Emirates Development Bank
Emirates Development Bank to provide financing worth AED30bn by 2026
The bank allocated AED5bn in financing for industrial projects in 2024
Dr. Sultan Al Jaber
Emirates Development Bank financing boosts UAE Industrial GDP by $2.8bn
UAE industrial GDP enhanced by Emirates Development Bank financing
Agriculture
UAE bank announces $27m in loans for food firms
UAE’s Emirates Development Bank unveils AgriTech Loans for food sector
Abu Dhabi Commercial Bank
ADCB, Emirates Development Bank partner on credit guarantee scheme
A MoU was signed to boost financial inclusion of small-to-medium sized enterprises
Emirates Development Bank
Emirates Development Bank to offer free manufacturing consultancy services to SMEs
The partnership takes advantage of Dubai-based Future Factory’s specialisation in smart manufacturing techniques
Abu Dhabi
Emirates Development Bank to present funding opportunities for firms at Abu Dhabi forum
The forum, to be held on June 21-22, is expected to see major national companies presenting billions of Dirhams of investment opportunities in various fields, including defence, petrochemicals, metals, electrical appliances and equipment
4IR
EDB highlights its role as key financial enabler of 4th industrial revolution
Emirates Development Bank has been working with stakeholders, industrial companies and SMEs to explore the adoption of 4IR technologies in the UAE’s industrial sector
EDB
Startups, SMEs in Sharjah’s Hamriyah, SAIF free zones to get more financial support through EDB deal
EDB will offer its range of flexible financial solutions, including capex financing for expansion or facility upgrades, greenfield and brownfield project finance, and financial support for the integration of Industry 4.0 tech or clean energy transition
Ahmed Mohamed Al Naqbi
Emirates Development Bank adds $520 million UAE’s GDP growth, finances 1,350 SMEs across priority sectors
The Emirates Development Bank’s launch of a new credit guarantee platform was able to mobilise more than $90.38 million (AED332 million) of capital to SMEs
Emirates Development Bank
Emirates Development Bank launches $27.2 million post-Covid accelerator to support UAE SMEs
The EDB initiative, named ‘Sanad’ aims to extend quick, easy-to-access, and flexible loans at a starting rate of 5.99 percent per annum on reducing balance basis, to Emirati-owned and managed businesses
Business Support Programme
UAE Ministry of Economy reveals three new programmes, slew of initiatives to support SMEs, entrepreneurs
SMEs represent 94 percent of the total companies and institutions operating in the country and contribute more than 50 per cent to the country’s GDP
Dubai Islamic Bank
EDB, DIB ink credit scheme deal targeting SMEs in priority sectors
EDB to provide the credit guarantee programme to DIB’s SME customers, while DIB will offer up to AED10m financing, with half of the facility amount guaranteed by EDB
Ajman Bank
Ajman Bank and Emirates Development Bank partner to offer support for UAE SMEs
Under the MoU, Ajman Bank will offer up to AED 10 million financing to SMEs and 50% of the facility amount will be either guaranteed or co-lent by EDB