UAE: Emirates Development Bank seeks to promote financial inclusion of SMEs

UAE: Emirates Development Bank seeks to promote financial inclusion of SMEs

Emirates Development Bank (EDB), a key financial engine of the UAE’s economic development and industrial advancement, has successfully concluded its participation in the Annual Investment Meeting, held at ADNEC, in Abu Dhabi this week.

Key highlights of EDB's partaking in the two-day event include the participation of the Bank's CEO Ahmed Mohamed Al Naqbi in a high-level panel discussion as well as exhibiting EDB's flexible and customized financing solutions through a stand at ADNEC. The stand served as a platform for networking and connecting with experts, investors, companies, and SMEs.

EDB's CEO, Ahmed Mohamed Al Naqbi, said: "Hosting the 12th Annual Investment Meeting is testament to the UAE's significant contribution to global efforts to reshaping the business landscape and fostering economic growth and productivity. The event has become a strategic platform to share knowledge and expertise and to explore ways to boost value for investors. Importantly, it was a good platform to share the financial and non-financial solutions EDB offers to support SMEs and corporates, as well as our involvement in Make it in the Emirates and Operation 300bn to further develop the UAE's industrial and manufacturing capabilities."

During the panel, panellists engaged in a fruitful conversation about the UAE's strengths in addressing