Under the support and directives of wise leadership, UAE made quantum leap in industrial development: Dr. Sultan Al Jaber

Under the support and directives of wise leadership, UAE made quantum leap in industrial development: Dr. Sultan Al Jaber

By Nasser Al Jabri and Ahmed Al Nuaimi ABU DHABI, 27th June, 2022 (WAM) -- Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Chairman of Emirates Development Bank, said that the UAE had made quantum leap in its industrial development thanks to the support, directives and vision of its wise leadership.

The country has managed to enhance its strategic industrial position, as it moves forward towards achieving its industrial goals with a set of competitive advantages, and has positioned itself as an attractive global platform and a pioneer in the manufacturing sector, he added.

In an interview with the Emirates News Agency (WAM) on the sidelines of the ‘Make it in the Emirates Forum’, Dr. Al Jaber underscored the important role of Emirates Development Bank (EDB) in providing financial solutions that support the UAE’s national industrial strategy, highlighting the bank’s contribution to the national economy and GDP in the UAE to date.

He explained that EDB is one of the key financial engines of the UAE’s industrial transformation and economic diversification agenda, as it offers innovative financing solutions and programmes, with its latest target involving the deployment of AED25 billion of support to 13,500 companies within the five