The documentary film highlights the bank's role in supporting and financing priority sectors such as advanced technology, food security, and healthcare, and demonstrates how this support and financing have a powerful and extensive impact, stimulating economic growth, creating jobs, and achieving self-sufficiency.
Abdulaziz Al-Nuaimi, Assistant Under-Secretary for Entrepreneurship Sector and Economic Regulation Affairs at the Ministry of Economy and Tourism, stated: 'The UAE's vision for economic development is first and foremost centered on the human being. Every project we support creates jobs, stimulates innovation, and adds long-term value to the country. From this standpoint, we continue to solidify the foundations of a diverse and future-ready economy by supporting the ambitions of entrepreneurs and enhancing partnerships with the government and the private sectors.'
The UAE Development Bank plays a pivotal role in driving the nation's economic diversification agenda and supporting the National Strategy for Advanced Industry and Technology, serving as the UAE's national development bank. 'We do not measure success only by results, but by spirit and willpower, and by the founders who innovate, take risks, and create new industries,' he noted.
He also pointed out that this vision is at the heart of the 'UAE: Capital of Entrepreneurship' campaign, which is not just about numbers or rankings, but about establishing a culture where entrepreneurship becomes a natural choice and a celebrated path for the youth of the UAE.
The UAE Development Bank plays a key role in building an entrepreneurial ecosystem that enables companies to grow. Through initiatives like the 'AgriX Agricultural Accelerator' and the 'Make it in the UAE' accelerator, the bank provides entrepreneurs with strategic guidance and technical expertise, facilitates their access to markets, and connects them with a network of partners and resources.
This is part of an integrated approach that ensures entrepreneurs and startups receive the financing and comprehensive support needed to transform their ambitious ideas into globally competitive projects that contribute to building the UAE's industrial future.
Since launching its strategy in 2021, the total financing provided by the UAE Development Bank has exceeded AED 22.6 billion, contributing to the creation of over 38,000 jobs and adding more than AED 10 billion to the UAE's industrial GDP.
The UAE Development Bank, the main financial engine of the UAE's economic diversification and industrial transformation agenda, has finally unveiled its national documentary film 'The Value of Impact'. The film presents a new chapter in the financial sector's storytelling, characterized by shifting the focus from numbers to impactful human stories that help shape the future of the UAE.
The film tells the inspiring stories of three entrepreneurs who overcame personal and professional challenges to build their businesses in the UAE with the support of the UAE Development Bank.
The new documentary film was produced in partnership with the Ministry of Industry and Advanced Technology, the 'Make it in the UAE' initiative, the Ministry of Economy and Tourism, and the 'UAE: Capital of Entrepreneurship' campaign. It offers an in-depth look at the extensive societal impact of strategic support that drives significant progress.
Ahmed Mohamed Al-Naqbi, CEO of the UAE Development Bank, stated that the documentary film 'The Value of Impact' sheds light on the individuals and ideas leading the UAE's economic development, adding: 'Our message at the UAE Development Bank is clear: when we finance and support business growth, we contribute to our nation's growth.'
