Abu Dhabi Chamber organises roundtable with Emirates Development Bank’s CEO

ABU DHABI, 20th March, 2023 (WAM) — The Abu Dhabi Chamber of Commerce and Industry, in partnership with the Emirates Development Bank (EDB), organised a CEO Roundtable featuring Ahmed Mohamed Al Naqbi, CEO of EDB, to highlight the bank’s offerings and its adaptable financing solutions. Representatives from large, medium, and small businesses as well as startups operating across the Bank’s priority sectors participated in the event, where they were introduced to EDB’s financial services, products, and solutions. The CEO roundtable is part of the Chamber’s efforts to support businesses, particularly startups, in growing and expanding their operations, which aligns with the government’s goal of empowering SMEs and increasing their contribution to the national economy. On this occasion, Mohamed Helal Al Mheiri, Director-General of the Abu Dhabi Chamber, expressed the Chamber’s commitment to organising events that promote knowledge exchange, experience sharing, and awareness of available platforms that can help businesses develop their operations. “As part of its newly launched strategy, the Abu Dhabi Chamber aims to assist the private sector in realising its true potential within an advanced and competitive ecosystem, which is crucial for the development of the UAE’s national economy,” he stated. The Director-General praised the EDB’s role in promoting the local economy by meeting with the private sector representatives in Abu Dhabi, emphasising that the Abu Dhabi Chamber recognises the importance of providing its member companies with the opportunity to network with the EDB. “I encourage SMEs and startups, particularly those operating in priority sectors, to take advantage of the financing solutions and offerings provided by the EDB,” he added. hmed Mohamed Al Naqbi, CEO of EDB, said, “As the United Arab Emirates’ development bank, EDB is delighted to have organised a roundtable with the Abu Dhabi Chamber of Commerce and Industry. SMEs and startups play a crucial role in diversifying the economy and shaping the UAE as a financial hub in the region. Through events such as this roundtable, we ensure that our flexible and customised financial solutions effectively reach SMEs and startups in the UAE. We will continue to host events with our key stakeholders to provide the necessary platform to identify future opportunities and partnerships that contribute to achieving a healthy and sustainable economy.” The roundtable provided attendees with the opportunity to engage with the Bank to discuss financing terms and conditions as well as all the benefits and facilities that EDB offers for businesses interested in working with the bank.

Source: Emirates News Agency (WAM)