#Emirates Development Bank

EDB allocates Dhs5bn to boost manufacturing sector

UAE’s EDB allocates Dhs5bn to boost manufacturing sector

The development bank seeks to provide Dhs30bn in financing to support 13,500 companies within five priority sectors by 2026

Emirates Development Bank milestones in numbers GettyImages-124638324

In numbers: Emirates Development Bank’s role in boosting UAE’s economy

The development bank has set an ambitious target of providing Dhs30bn in financing support to 13,500 companies by 2026

EDB advances food security with Dhs721m in funding

EDB supports food security with Dhs721m under its five-year strategy

Food security is one of the five priority sectors that the development bank supports to contribute to the country’s national development agenda

EDB launches solar energy financing programme for SMEs

EDB launches solar energy financing programme for SMEs

The initiative will allocate Dhs100m to bolster the adoption of green energy solutions with a focus on solar energy initiatives

EDB launches supply chain financing for SMEs

EDB, Trade Capital partner to launch supply chain financing for SMEs

The MoU will see the creation of a working group to discuss new ways of delivering supply chain financing to small and medium enterprises in the UAE

Ahmed Al Naqbi, CEO Emirates Development Bank Image Emirates Development Bank

Emirates Development Bank launches UAE’s first agritech loans programme

The programme is targetted at farmers, local producers, technology providers, equipment suppliers, and those involved in the agriculture support ecosystem

EDB partners with ADDED

Make it in the Emirates: EDB joins hands with ADDED

The development bank is playing a vital role in supporting the UAE’s industrial strategy by providing financial assistance and driving sustainable growth

EDB finance deals

Make it in the Emirates Forum: EDB unveils Dhs424m in financing deals

The deals come as part of the bank’s mandate to approve Dhs30bn in funding support to companies in the UAE within five key focus sectors

Emirates Development Bank joins IRENA's AFID

Emirates Development Bank joins IRENA’s Alliance for Industry Decarbonization

Emirates Development Bank will showcase its flexible financial solutions to support companies operating within the renewables sector

EDB CEO, Ahmed Mohamed Al Naqbi

UAE’s EDB, Ministry of Economy recognise partner banks

The bank’s credit guarantee scheme aims to help SMEs overcome challenges in accessing financing from conventional banks

EDB, Emirates Islamic partnership

Emirates Development Bank, Emirates Islamic partner to support SMEs

The Islamic lender is the 11th commercial bank to join EDB’s credit guarantee scheme platform

SCCI, EDB partnership

Sharjah Chamber, EDB review funding solutions for investors

The bank is a financial enabler of the UAE’s economic diversification and industrial transformation agenda

emirates development bank 2022

Emirates Development Bank’s financing sees 673% YoY rise in 2022; here’s how much it gave as loans

Emirates Development Bank’s financing contributed Dhs3.5bn to the UAE’s non-oil GDP and helped create more than 12,000 industrial jobs

Investopia

UAE’s Investopia signs partnership with Emirates Development Bank

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

Emirates Development Bank, ADCB to partner on credit guarantee scheme for SMEs

Emirates Development Bank, ADCB to partner on credit guarantee scheme for SMEs

Under the credit guarantee scheme, EDB will guarantee up to 50 per cent of the finance facility extended to SMEs by ADCB

DP World partners with Emirates Development Bank to finance SME growth

DP World partners with Emirates Development Bank to finance SME growth

It includes a formal framework for both entities to provide SMEs with access to trade financing

Emirates Development Bank Dr Sultan Al Jaber

Emirates Development Bank approves Dhs4.4bn in loans in first nine months of 2022

Emirates Development Bank approved Dhs1.3bn towards financing mSMEs and Dhs3.1bn to fund industrial development and infrastructure projects

EDB application

Emirates Development Bank to approve loans of up to Dhs5m to SMEs, startups within five days

The lending service will be available for UAE-based SMEs and startups operating in one of EDB’s five priority sectors, which are manufacturing, healthcare, food security, advanced technology and infrastructure

Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, and chairman of the EDB Board of Directors

UAE’s EDB issues Dhs2.4bn in loans to industrial sector in H1 2022

EDB mobilised Dhs351m in capital in H1 2022 to support SMEs via its credit guarantee scheme

MoCCAE, EDB sign MoU

Emirates Development Bank, MoCCAE sign MoU to support agricultural SMEs

The MoU will see the two parties identify collaboration opportunities in food security and also support SMEs and startups in the agriculture sector

EDB and Valiant healthcare sign deal

Emirates Development Bank inks credit facility agreement with Valiant Healthcare

The agreement will extend financing for both capital investment and operational expenditures, allowing Valiant Healthcare to fulfill its expansions plans while accessing essential working capital

JLW Middle East

JLW Middle East to construct a 60MW data centre at Masdar

Emirates Development Bank has approved the trade facility to help JLW Middle East build the centre

Emirates Development Bank

Emirates Development Bank contributes Dhs1.91bn to UAE’s GDP

The bank’s strategy involved direct and indirect financing of 1,350 SMEs across priority sectors

Ajman Bank signs deal on credit guarantee, co-lending programme for SMEs

Ajman Bank will offer up to Dhs10m financing to an SME, and 50 per cent of the facility amount will be either guaranteed or co-lent by EDB

Emirates Development Bank

UAE’s Emirates Development Bank partners with YAP to launch business banking app for SMEs

The EDB Business Banking app is free to open and has no minimum balance criteria

Mashreq Bank Emirates Development Bank

Emirates Development Bank inks MoU with Mashreq for SME credit guarantee programmes

Mashreq will offer financing of up to Dhs10m to SME customers, of which 50 per cent will be guaranteed or co-lent by EDB

Emirates Development Bank

Emirates Development Bank lists $750m bond on Nasdaq Dubai

Dubai’s US-dollar denominated debt listings are now valued at $98.5bn

UAE’s Emirates Development Bank, NBQ partner to facilitate SME financing

The MoU will cover credit guarantee and co-lending programmes

UAE’s Emirates Development Bank allocates Dhs30m to finance SMEs through Beehive platform

The Beehive platform uses crowdfunding technology to connect SMEs seeking finance with investors who can support their finance request

Emirates Development Bank

Abu Dhabi’s Emirates Development Bank closes $750m five-year bond

This was the second USD transaction issued under EDB’s $3bn Euro Medium Term Note programme