His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, approved the Emirates Development Bank (EDB) Strategy to provide a sizeable Dhs30 billion financial support to businesses and start-ups in a major step to drive the national economy.
Launched to support “Operation 300bn,” the EDB Strategy aims to leverage the Bank’s role as a key driver of the national economy to provide the largest support network for the industrial sector.
Sheikh Mohammed said, “Advancing the national economy is a top priority that requires a joint effort of all our economic entities in the coming phase.”
He added, “We must adopt a distinctive vision that meets global trends and sustains development to maximise the industrial sector’s revenue and boost the broader economy.
“The Emirates Development Bank Strategy presents a giant leap that will leverage the bank’s role as a key driver of the national economy. Providing effective financial solutions will support the role of SMEs as main players in shaping our national economy.”
Bu hikaye Gulf Today dergisinin April 06, 2021 sayısından alınmıştır.
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Bu hikaye Gulf Today dergisinin April 06, 2021 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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