FAB, GMIS partner to boost SME’s access to finance and sustainable industrial growth

FAB, GMIS partner to boost SME’s access to finance and sustainable industrial growth

Thu 04-11-2021 13:04 PM

























DUBAI, 4th November, 2021 (WAM) -- The Global Manufacturing and Industrialisation Summit (GMIS) today announced a partnership with First Abu Dhabi Bank (FAB) that will explore the latest trends and opportunities to improve access to finance for Small and Medium Enterprises (SMEs) and drive sustainable industrial growth both globally and in the UAE.

Through joint thought-leadership and knowledge exchange, FAB will collaborate with the Global Manufacturing and Industrialisation Summit to highlight the SME sector’s economic potential and innovation capabilities to support industrial development, as well as advance the UAE’s digitalisation progress as it prepares for the next 50 years.

The GMIS-FAB partnership will also highlight the importance of ‘green finance’, which refers to financial products and services that can deliver long-term environmental benefits.

Hana Al Rostamani, Group CEO of FAB, said, "The UAE's industrial and manufacturing base is future-focused and increasingly oriented towards global success. As the sector enters a new phase of development, financial institutions will continue to play a decisive role in advising, diversifying, and propelling the UAE’s home-grown high-tech industries forward. By working collaboratively, we are ensuring that these industries can compete in a