Emirates Development Bank to Participate in Bonds, Loans & Sukuk Middle East in Dubai on June 7-8

Emirates Development Bank (EDB), the financial engine of the UAE’s economic diversification and industrial transformation agenda, has announced its participation in Bonds, Loans & Sukuk Middle East, the region’s largest gathering for the corporate and investment banking industry. EDB is a Gold Sponsor of the event, which is taking place on June 7-8 in Madinat Jumeirah, Dubai, and will be using the platform as part of its mission to engage with stakeholders in the investment and development community.

EDB will also be highlighting its unique role in the UAE financial sector. The bank is the first federal entity to be issued ratings by S&P and Fitch, and its focus is on maximizing national economic impact and in-country value, allied with risk prudence, means it has been able to partner with economic freezones, chambers of commerce, departments for economic development and commercial banks to deploy AED1.52 billion to priority sectors in the last 12 months alone.  

On the opening morning of the event, Ahmed Mohamed Al Naqbi, CEO of EDB, will deliver a keynote address in which he will outline how the bank’s flexible financing solutions for SMEs and large corporates in key sectors are making a vital contribution to the long-term sustainable growth of the UAE economy – and how it is creating a new model for development banks across the Middle East. EDB will also be presenting its full range of financing products and services from Booth #3, inviting attendees to learn about how its long tenors, grace periods and preferential rates can help UAE companies expand, diversify and integrate new technology.