{"id":100961,"date":"2025-02-21T00:00:00","date_gmt":"2025-02-21T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/"},"modified":"2025-02-21T00:00:00","modified_gmt":"2025-02-21T00:00:00","slug":"emirates-development-bank-targets-aed-23-bn-in-financing-for-2025","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/","title":{"rendered":"Emirates Development Bank targets AED 23 bn in financing for 2025"},"content":{"rendered":"

Emirates<\/strong> Development Bank (EDB) set a financing target of AED 23 bn for <\/strong>2025<\/strong> to support economic diversification and sustainable development in the UAE, according to a press release<\/a>. Significant allocations will be directed toward manufacturing, advanced technology, renewable energy, and SMEs. The lender also aims to expand industrial co-lending partnerships and accelerate digital transformation initiatives. <\/p>\n

In 2024, EDB reported a record 222% y-o-y increase in financing<\/strong>, reaching AED 8.7 bn. This contributed AED 4.1 bn to the UAE\u2019s industrial GDP and facilitated the creation of over 14k jobs. The bank has deployed AED 15.7 bn in financing since launching its transformational strategy in 2021, bringing its total industrial GDP impact to AED 7.4 bn. <\/p>\n

By the sector:<\/strong> Manufacturing remained the largest beneficiary of EDB\u2019s financing last year, receiving AED 4.2 bn, which accounted for nearly half of total lending. The bank directed AED 3 bn into advanced technology, while AED 1.2 bn went to renewable energy projects aligned with the UAE\u2019s net zero ambitions. The food security sector saw some AED 1.2 bn in financing, and the healthcare sector saw 1.1 bn. <\/p>\n

Micro, small, and medium enterprises (mSMEs) remained a key priority<\/strong>, with EDB allocating AED 3 bn in financing to support their growth. This included AED 758 mn through the Credit Guarantee Scheme in partnership with 11 commercial banks, AED 2.1 bn in direct financing, and AED 107 mn for SME-micro projects aimed at ramping up financial inclusion.<\/p>\n","protected":false},"excerpt":{"rendered":"

The bank reported a record 222% y-o-y increase in financing in 2024<\/p>\n","protected":false},"author":1,"featured_media":100962,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1627],"tags":[610,811,1118,7,64,401,320],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-100961","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development-finance","tag-artificial-intelligence","tag-development-finance","tag-emirates-development-bank","tag-enterpriseam-uae","tag-manufacturing","tag-renewable-energy","tag-smes","wpautop","entry"],"acf":{"mongo_id":"b5e33826-bbb8-4655-8379-c25c3d21c0e7","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/11\/2388.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Emirates Development Bank targets AED 23 bn in financing for 2025","related_issue":[100945],"teaser":"The bank reported a record 222% y-o-y increase in financing in 2024","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.53ba47d7-a9ca-4588-ac08-29803186f73b.mp3"},"yoast_head":"\nEmirates Development Bank targets AED 23 bn in financing for 2025 - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Emirates Development Bank targets AED 23 bn in financing for 2025\" \/>\n<meta property=\"og:description\" content=\"The bank reported a record 222% y-o-y increase in financing in 2024\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-21T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2388.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Emirates Development Bank targets AED 23 bn in financing for 2025\",\"datePublished\":\"2025-02-21T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/\"},\"wordCount\":233,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2388.jpg?fit=%2C&ssl=1\",\"keywords\":[\"artificial intelligence\",\"development finance\",\"Emirates Development Bank\",\"EnterpriseAM UAE\",\"MANUFACTURING\",\"renewable energy\",\"SMEs\"],\"articleSection\":[\"DEVELOPMENT FINANCE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/\",\"name\":\"Emirates Development Bank targets AED 23 bn in financing for 2025 - UAE\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2388.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-02-21T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2388.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2388.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/uae\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Emirates Development Bank targets AED 23 bn in financing for 2025\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"name\":\"UAE\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\",\"name\":\"UAE\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42998.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42998.svg\",\"caption\":\"UAE\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Emirates Development Bank targets AED 23 bn in financing for 2025 - UAE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/","og_locale":"en_US","og_type":"article","og_title":"Emirates Development Bank targets AED 23 bn in financing for 2025","og_description":"The bank reported a record 222% y-o-y increase in financing in 2024","og_url":"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/","og_site_name":"UAE","article_published_time":"2025-02-21T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2388.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Emirates Development Bank targets AED 23 bn in financing for 2025","datePublished":"2025-02-21T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/"},"wordCount":233,"publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2388.jpg?fit=%2C&ssl=1","keywords":["artificial intelligence","development finance","Emirates Development Bank","EnterpriseAM UAE","MANUFACTURING","renewable energy","SMEs"],"articleSection":["DEVELOPMENT FINANCE"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/","url":"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/","name":"Emirates Development Bank targets AED 23 bn in financing for 2025 - UAE","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2388.jpg?fit=%2C&ssl=1","datePublished":"2025-02-21T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2388.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2388.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/uae\/2025\/02\/21\/emirates-development-bank-targets-aed-23-bn-in-financing-for-2025\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/uae\/"},{"@type":"ListItem","position":2,"name":"Emirates Development Bank targets AED 23 bn in financing for 2025"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/uae\/#website","url":"https:\/\/enterpriseam.com\/uae\/","name":"UAE","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/uae\/#organization","name":"UAE","url":"https:\/\/enterpriseam.com\/uae\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42998.svg","contentUrl":"https:\/\/ent.news\/internal\/42998.svg","caption":"UAE"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2388.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2388.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2388.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/100961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/comments?post=100961"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/100961\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/100945"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media\/100962"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media?parent=100961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/categories?post=100961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/tags?post=100961"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/brand?post=100961"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=100961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}