Investopia signs partnership with Emirates Development Bank
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UAE’s Investopia signs partnership with Emirates Development Bank

UAE’s Investopia signs partnership with Emirates Development Bank

Both entities will leverage their core competencies to drive economic growth, diversification and industrial transformation

Divsha Bhat
Investopia

Investopia, the investment platform launched by the UAE government, has announced a new partnership by signing a Memorandum of Understanding (MoU) with the Emirates Development Bank.

The partnership will see both entities leverage their core capabilities to drive economic growth, diversification and industrial transformation in the new economies, in their capacities, as a leading financial institution and as a global thought leadership and investment platform connecting opportunity with capital, respectively.

The agreement was signed by Mohamed Naser Al Zaabi, CEO of Investopia, and Ahmed Mohamed Al Naqbi, CEO of Emirates Development Bank.

Al Zaabi said: “There are many similar areas and sectors that both Investopia and EDB are focusing on, such as technology and healthcare, and this would help Investopia’s investment community discuss and identify investment opportunities in vital sectors”.

Al Naqbi added: “Our mission is to drive growth in a sustainable economy while also forming partnerships that will contribute to the economic growth and industrial advancement of the nation. We look forward to meeting with all our key stakeholders at the event and engaging in fruitful and productive discussions.”

Read: UAE’s Investopia and Salt announce new strategic partnership to stage event

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