These measures aim to ensure the bank's ability to respond quickly to market requirements, while enhancing its role as a driver of industrial growth and supply chain flexibility. Given that rapid access to companies requires a robust communication system, the Emirates Development Bank implements this daily strategy through active partnerships with local banks and credit fintech companies. These partnerships are essential to ensure the smoothness of non-contact transactions, allowing micro, small, and medium-sized enterprises to access financing from the Emirates Development Bank at an unprecedented speed. Since the launch of its ambitious strategy in 2021, the direct financing of the Emirates Development Bank has had a tangible economic impact, contributing 11.3 billion UAE dirhams to the non-oil GDP of the UAE, in addition to providing 74.6 billion dirhams in industrial capital expenditure. Continuing to inject 20 million dirhams daily into the economy across five priority sectors—industry, advanced technology, healthcare, renewable energy, and food security—the Emirates Development Bank reaffirms the importance of the UAE's role as a safe haven for business, as well as its significance as a market that effectively protects the private sector and accelerates its growth on a daily basis. We continue to inject 20 million dirhams daily as part of our direct response to the market's need for flexibility and reliability, striving to provide essential working capital in the accounts of companies that are in dire need of it. This highlights the role of the Emirates Development Bank as one of the tools that the UAE utilizes to provide the necessary support for current market needs. The daily targeted financial support aims to address urgent liquidity requirements on the ground; by providing rapid financing to manufacturers, technology companies, and food producers, the bank ensures the continuity of factory operations, the timely purchase of raw materials, and the maintenance of the country's local supply chains completely isolated from global market fluctuations. In this context, Ahmed Mohammed Al-Naqbi, CEO of the Emirates Development Bank, stated: "As the pace of pressure on global supply chains increases, speed becomes the decisive factor. As a trusted financial partner, we rely on strong credit risk analysis to enable us to act quickly and securely, ensuring that national companies, micro-projects, small and medium-sized enterprises receive the necessary financial support and guidance to overcome any challenges and seize new growth opportunities." To maintain a rapid pace in providing financing, the Emirates Development Bank has comprehensively updated its access channels to its corporate services. Key updates include liberalizing the bank's liquidity policy, significantly reducing loan approval requirements to ensure fast access to financing, and updating financing and capital frameworks aimed at better supporting companies under current economic conditions. These measures aim to ensure the bank's ability to respond quickly to market requirements, while enhancing its role as a driver of industrial growth and supply chain flexibility. Active partnerships Given that rapid access to companies requires a robust communication system, the Emirates Development Bank implements this daily strategy through active partnerships with local banks and credit fintech companies. These partnerships are essential to ensure the smoothness of non-contact transactions, allowing micro, small, and medium-sized enterprises to access financing from the Emirates Development Bank at an unprecedented speed. Tangible economic impact Since the launch of its ambitious strategy in 2021, the direct financing of the Emirates Development Bank has had a tangible economic impact, contributing 11.3 billion UAE dirhams to the non-oil GDP of the UAE, in addition to providing 74.6 billion dirhams in industrial capital expenditure. Continuing to inject 20 million dirhams daily into the economy across five priority sectors—industry, advanced technology, healthcare, renewable energy, and food security—the Emirates Development Bank reaffirms the importance of the UAE's role as a safe haven for business, as well as its significance as a market that effectively protects the private sector and accelerates its growth on a daily basis. Key updates include liberalizing the bank's liquidity policy, significantly reducing loan approval requirements to ensure fast access to financing, and updating financing and capital frameworks aimed at better supporting companies under current economic conditions. The Emirates Development Bank announced the launch of effective financing estimated at around 20 million dirhams daily to ensure the continuity of business operations in the UAE. In the current rapidly changing global environment, supply chains are delayed, and markets experience sudden shifts, which directly impacts company operations. This highlights the role of the Emirates Development Bank as one of the tools that the UAE utilizes to provide the necessary support for current market needs. The daily targeted financial support aims to address urgent liquidity requirements on the ground; by providing rapid financing to manufacturers, technology companies, and food producers, the bank ensures the continuity of factory operations, the timely purchase of raw materials, and the maintenance of the country's local supply chains completely isolated from global market fluctuations. Providing working capital In this context, Ahmed Mohammed Al-Naqbi, CEO of the Emirates Development Bank, stated: "As the pace of pressure on global supply chains increases, speed becomes the decisive factor." The Emirates Development Bank announced the launch of effective financing estimated at around 20 million dirhams daily to ensure the continuity of business operations in the UAE. In the current rapidly changing global environment, supply chains are delayed, and markets experience sudden shifts, which directly impacts company operations.
