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Government 1 min read 35 views

Emirates Development Bank reaffirms commitment to industrial advancement at third edition of Make it in the Emirates Forum

Emirates Development Bank (EDB), a pivotal financial driver of economic growth and industrial advancement in the UAE, has announced its participation as a Diamond Sponsor at the third edition of the Make it in the Emirates Forum. This event, highlighting EDB’s dedication to enhancing the UAE’s manufacturing sector, will be held from May 27-28, 2024, at the Abu Dhabi Energy Centre.

The Forum is organized by the Ministry of Industry and Advanced Technology (MoIAT) in partnership with the Department of Economic Development in Abu Dhabi and the Abu Dhabi National Oil Company (ADNOC). It serves as a critical platform for industry leaders, investors, and innovators from around the globe to engage in comprehensive discussions and form strategic partnerships to advance the UAE’s industrial landscape.

His Excellency Ahmed Mohamed Al Naqbi, Chief Executive Officer of EDB, expressed enthusiasm about the bank’s participation: “As a key financial enabler of the UAE’s Industrial Development Strategy, we look forward to participating in the Make it in the Emirates Forum in its third edition. This is a unique opportunity for industry leaders, investors, and innovators from around the world to have comprehensive dialogues and forge new partnerships and deals to redefine the UAE’s industrial landscape.

“In an era where AI is defining industry 4.0 and shaping economies of the future, manufacturing remains one of the most important sectors to the UAE’s sustainable development and diversification agenda. This vital sector is a strategic priority for us at EDB and we are committed to enabling advanced manufacturing and boosting the in-country value across key industries in the UAE. Our aim is to ensure our financing contributes to sustainable economic growth and promotes the Made in UAE brand as a mark of the country’s manufacturing excellence and global competitiveness.”

Al Naqbi will participate in a panel discussion on Day 2 of the Forum titled “Crafting Economic Success: Smart Incentives for Sustainable Manufacturing Growth and Securing Global Leadership in Key Sectors.” Additionally, EDB will showcase its innovative financing solutions and accelerator programs designed to support manufacturing companies and entrepreneurs. The Bank offers a broad range of flexible financial and non-financial solutions to enable crucial sectors, fostering a diverse, resilient, and sustainable economy in the UAE.

The Make it in the Emirates Forum is poised to be a cornerstone event for the UAE’s industrial strategy, bringing together influential figures to drive forward the nation’s manufacturing excellence and global competitiveness.

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