Emirates Development Bank offers free consultancy to SMEs, boosting efficiency in UAE manufacturing

Emirates Development Bank offers free consultancy to SMEs, boosting efficiency in UAE manufacturing

- Its partner Future Factory will undertake free site visits, offering expert advice

- Bank’s strategy supports 5 key areas - manufacturing, advanced technology, infrastructure, healthcare, and food security

Abu Dhabi: Emirates Development Bank (EDB), the key financial engine of the UAE’s economic diversification and industrial transformation agenda, is announcing a new drive to offer free expert guidance to its manufacturing customers.

EDB is partnering with Future Factory, one of the leading engineering and consultants specializing in building “smart” factories, improving manufacturing processes and drawing up future business strategies. Through the partnership, Future factory will offer SMEs within EDB’s portfolio practical advice and consultancy services at no charge.

The initiative is in line with EDB’s strategy which revolves around progressing the economic development of the UAE, especially that of SMEs.

Launched in 2021, the strategy mandates EDB to support and empower the national industrial sector, facilitate the adoption of advanced technology, empower the growth of SMEs and to encourage start-ups and innovation all of which reflect the national development priorities and initiatives.

EDB strategy focuses on 5 priority sectors - manufacturing, advanced technology, infrastructure, health care and food security by supporting the thousands of companies which operate within them, providing long-term contribution to the national economy.

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