Emirates Development Bank's 2023 performance was underpinned by a significant jump in net financing approvals for small and medium enterprises. Photo: EDB
Emirates Development Bank's 2023 performance was underpinned by a significant jump in net financing approvals for small and medium enterprises. Photo: EDB

Business

Economy

EDB's contribution to UAE industrial economy soars 80% to $1.17bn in 2023

State-owned lender says on track to hit goal of supporting 13,500 companies by 2026

Alvin R Cabral
Alvin R Cabral

February 26, 2024

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