The development bank seeks to provide Dhs30bn in financing to support 13,500 companies within five priority sectors by 2026
The expenditure for the fiscal year 2024 alone is estimated at Dhs79.1bn, as the city seeks to accelerate growth and support the objectives D33
The kingdom has one of the highest reserve coverage ratios among Fitch-rated sovereigns at 18 months of current external payments
EDB mobilised Dhs351m in capital in H1 2022 to support SMEs via its credit guarantee scheme
Tourism is essential for economic diversification, growth, and job creation
UAE ranks 16th in global rankings for ease of doing business
In the wake of the Covid-19 pandemic and plummeting oil prices, GCC governments must reconsider their approaches to build diversified economies