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EDB deploys $8 2bn for SMEs and $196 3m for food security

Emirates Development Bank supports food security with over AED721 m under its five-year strategy

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

Emirates News Agency - EDB supports food security with over AED721mn under its five-year strategy

DUBAI, 10th October, 2023 (WAM) Emirates Development Bank (EDB) has announced that since the launch of 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 priority sectors: manufacturing, renewables, technology, healthcare, and food security. The announcement was made today as EDB concluded its successful participation in the Agra Middle East Exhibition (AgraME 2023), the largest agricultural trade show in the region, which.

UAE launches Food Tech Valley to make Gulf into a hub for agri, food tech

UAE launches Food Tech Valley to make Gulf into a hub for agri, food tech
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