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Emirates Development Bank and Commercial Bank of Dubai partners to facilitate international trade

Emirates Development Bank (EDB) and Commercial Bank of Dubai (CBD) formally announced a strategic partnership aimed at enhancing international trade services. This collaboration will...

S&P Global affirms ‘AA’ ratings for UAE’s Emirates Development Bank

The upgrade reflects the improved clarity of the bank’s strategic mandate to enable economic development and industrial growth in the UAE

Emirates Development Bank launches with Tagit’s digital corporate banking product in three Months

Emirates Development Bank has launched a Cash Management online portal for its business clients, developed in collaboration with Tagit an omnichannel digital banking solutions...

Emirates Development Bank has achieved a record increase in its impact on the industrial GDP, with total financing reaching AED10.4 billion since 2021.

Emirates Development Bank has unveiled a record increase in total financing since the launch of EDB’s strategy in 2021 to AED 10.4 billion, bringing...

Emirates Development Bank launches Supply Chain Financing for SMEs with Trade Capital Partners

Emirates Development Bank has inked a Memorandum of Understanding (MoU) to create supply chain finance and working capital solutions for SMEs in collaboration with...

Emirates Development Bank launches UAE’s First-of-its-Kind AgriTech Loans Program; reveals AED 100 million financing support for the UAE’s food security sector

In a groundbreaking initiative, EDB is set to allocate a substantial AED 100 million in financing support for the country's vital food security sector....

Innovative financing solutions attract firms to the UAE amid global capital crunch

The CEOs of major national banks have underscored the importance of the UAE government's efforts in providing subsidies, financing, and guarantees to facilitate market...

Emirates Development Bank and Emirates Islamic to collaborate on credit guarantee scheme supporting SMEs in the UAE

Emirates Development Bank (EDB) and Emirates Islamic have announced the signing of a Memorandum of Understanding (MoU) to collaborate on a joint credit guarantee...

Fitch affirms Emirates Development Bank at ‘AA-‘

Fitch Ratings has affirmed its 'AA-' Long-Term Issuer Rating (IDR) for Emirates Development Bank ('EDB' or 'the Bank') with a stable outlook. The agency maintained...

Investopia signs a MOU with Emirates Development Bank

Investopia, the global investment platform launched by the UAE Government in September 2021, announced a new partnership through signing a Memorandum of Understanding (MoU)...

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