December 9, 2023
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Emirates Development Bank launches solar energy financing initiative

AED100-million programme focuses on green energy solutions in the UAE Emirates Development Bank (EDB), the UAE’s development bank, has launched a new solar energy finance programme to support micro, small, and medium enterprises (MSMEs) across diverse sectors in the UAE. The programme will allocate AED100 million to hasten the adoption of green energy solutions, focusing

UAE banking sector steps up sustainable financing to meet global emission goals and support UAE growth

The vibrant UAE banking and financial sector is prioritising sustainable banking and financing solutions to buttress green ambitions while also supporting economic and social development in the Gulf state. This initiative is also in line with the UAE’s key strategy to reduce emissions and achieve climate neutrality by 2050, in adherence with the United