Emirates Development Bank (EDB) will participate in the first “Make it in the Emirates Forum” to be held on 21-22 June at ADNOC Business Centre, Abu Dhabi.
It will use the Forum to underline how its range of flexible financing solutions can help large corporates and SMEs to expand, diversify and improve operational efficiency.
More than 1,350 SMEs across priority sectors are supported by EDB’s financing solutions, resulting in an AED 1.91 billion contribution to the UAE’s GDP growth between April 2021 and April 2022.
The ‘Make it in the Emirates Forum’ is a key opportunity for EDB to engage with new and existing partners in the public and private sector and identify more eligible projects that will enhance the UAE’s industrial ecosystem.
EDB will be presenting its full range of financing products from MoIAT’s stand at the event, and is inviting attendees to learn about the financial and non-financial support the bank offers.
This includes its new corporate banking services and the digital banking app that provides SMEs a business bank account and an IBAN number within 48 hours.
The Make it in the Emirates Forum 2022 is being held under the theme of “Invest, Partner, Grow”.
It is organized by the Ministry of Industry and Advanced Technology in cooperation with the Abu Dhabi Department of Economic Development (ADDED).
EDB is a key partner in the Ministry’s efforts to empower the industrial sector and elevate its contribution to the UAE’s non-oil GDP.
In the event, national companies will present investment opportunities in fields like defense, petrochemicals, metals, electrical appliances and equipment, rubber and plastics, pharmaceuticals, and medical supplies among others.
It will also feature key stakeholders speaking on the UAE’s industrial growth strategies, while 24 companies will participate in a dedicated exhibition area to showcase their investment opportunities.