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EDB, NBF strike deal to offer financing solutions to SMEs

Abu Dhabi / WAM The Emirates Development Bank (EDB), on Wednesday announced the signing of a Memorandum of Understanding (MoU) with National Bank of Fujairah (NBF) to offer credit guarantee and co-lending for small and medium-sized enterprises (SMEs) in the UAE. The MoU with NBF is part of EDB’s commitment to boost the SME ecosystem in the UAE and increase ...

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UAE, Jersey ink pact to promote investments

Abu Dhabi / WAM As part of its endeavours to strengthen and activate means of economic and investment cooperation with various countries of the world, the UAE, represented by the Ministry of Finance, signed an agreement to promote and protect mutual investments with Jersey. The agreement, which was signed at the ministry’s headquarters in Dubai, aims to encourage foreign investment, ...

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EDB, NBF ink deal to offer credit guarantee, co-lending for SMEs

Abu Dhabi / WAM The Emirates Development Bank (EDB), on Wednesday announced the signing of a Memorandum of Understanding (MoU) with National Bank of Fujairah (NBF) to offer credit guarantee and co-lending for Small and Medium-sized Enterprises (SMEs) in the UAE. The MoU with NBF is part of EDB’s commitment to boost the SME ecosystem in the UAE and increase ...

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