Emirates Development Bank Forum highlights strategic vision for Abu Dhabi’s economic growth and diversification

  • Date: 30-Jan-2024
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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Emirates Development Bank Forum highlights strategic vision for Abu Dhabi’s economic growth and diversification

- The Abu Dhabi edition brings together industry leaders and stakeholders to discuss Abu Dhabi’s investment landscape and the pivotal role of SMEs in the Emirate’s economy

- The event underscores the commitment of Emirates Development Bank and its partners to driving Abu Dhabi’s economic diversification and global competitiveness

- Forum gathered key players in Abu Dhabi’s business ecosystem, in line with EDB's core value of ‘Excelling Through Partnerships’

Abu Dhabi, United Arab Emirates: Emirates Development Bank ("EDB" or "the Bank"), yesterday hosted the highly anticipated Abu Dhabi edition of EDB Connect at the ADGM Atrium in a strategic partnership with ‘Make it in the Emirates’ initiative, convening key industry leaders, government officials, and business innovators to discuss, debate, and shape the future of Abu Dhabi's economy. The event – now in its second edition – serves as a vital platform for discussing strategic investments, exploring innovative solutions, and fostering the growth of SMEs.

His Excellency Osama Amir Fadhel, Assistant Undersecretary of the Industry Accelerators Sector at the Ministry of Industry and Advanced Technology said: “EDB, along with other national financial institutions, contributed to providing AED 5.3 billion of financing to industrial companies last year. SMEs secured 90% of the financing provided by the