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Emirates Development Bank

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Emirates Development Bank’s contribution to Industrial GDP grows 80% in 2023

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Emirates Development Bank (‘EDB’ or the ‘Bank), the key financial engine of economic development and industrial advancement in the UAE, has unveiled its 2023 results, showcasing an extraordinary year of achievements and strategic milestones. The Bank revealed a significant 80% surge in its contribution to the UAE’s industrial GDP, which has grown from AED 2.4 […]
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Emirates Development Bank commits AED 1.3 billion finance under IRENA’s Energy Transition Accelerator Financing Platform

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Emirates Development Bank (“EDB” or “the Bank”), the key financial engine of UAE economic development and industrial advancement, has committed up to AED 1.3 billion (USD 350 million) to support the Energy Transition Accelerator Financing (ETAF) platform, a global climate finance facility established by the International Renewable Energy Agency
Emirates Development Bank
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Emirates Development Bank to showcase innovative food and agritech financing solutions at Gulfood Manufacturing

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Emirates Development Bank (‘EDB’ or ‘the Bank’), the key financial engine of UAE economic development and industrial advancement, has announced its participation at Gulfood Manufacturing, the MENA region’s leading exhibition for the future of food production and advanced technologies, taking place from 7 – 9 November 2023.  EDB will showcase its wide range of
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Emirates Development Bank supports food security

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Emirates Development Bank (“EDB” or “the Bank”), the key financial engine of UAE economic development and industrial advancement, announced that since the launch its new strategy in April 2021, the bank has approved over AED 721 million financial support for food security projects. EDB has allocated AED30 billion to support 13,500 SMEs in five
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Emirates Development Bank Receives Bronze Award for ‘Best Expression of a Brand on Social Media’ at Transform Awards MEA 2023

Emirates Development Bank (“EDB” or “the Bank”), the key financial engine driving UAE economic development and industrial advancement, has achieved remarkable recognition for its brand transformation strategy. Transform, the exclusive global magazine dedicated to rebranding and brand development, has honored EDB at the Transform Awards MEA 2023. EDB
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Emirates Development Bank Highlights Role of Renewable Energy Financing in UAE’s Sustainability Goals at Sustainable Transformation MENA Summit

Abu Dhabi, United Arab Emirates, June 23, 2023: Emirates Development Bank (“EDB” or “the Bank”), the financial engine for UAE economic development and industrial advancement, highlighted the significant role of renewable energy financing towards the UAE’s Net Zero by 2050 Strategic Initiative and vision for economic diversification at the
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Emirates Development Bank enhances partnership with Abu Dhabi Department of Economic Development’s Industrial Development Bureau at Make It in the Emirates Forum

Abu Dhabi, United Arab Emirates, 2 June 2023: Emirates Development Bank (“EDB” or “the Bank”), a key financial engine of the UAE’s economic development and industrial advancement, signed a Memorandum of Understanding (MoU) with the Abu Dhabi Department of Economic Development’s Industrial Development Bureau (IDB) to continue its support of the
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Emirates Development Bank Signs MoU with Paraguay’s Development Finance Agency to Boost Collaboration

Emirates Development Bank (“EDB” or “the Bank”), a key financial engine for the economic development and industrial advancement of the UAE, last week signed a Memorandum of Understanding (MoU) with Paraguay’s Development Finance Agency (Agencia Financiera de Desarrollo, AFD), establishing a strategic partnership between the two parties. The signing