Finance Middle East, in partnership with Emirates Development Bank (EDB), presents “Beyond Banking: How Development Banks Drive Innovation and Impact.” Join us for a discussion with HE Ahmed Mohamed Al Naqbi, CEO of EDB, as we explore the unique initiatives and specialised solutions that differentiate EDB as a development bank. Learn about EDB’s role in supporting the UAE’s economic diversification efforts and its focus on key sectors such as renewables, manufacturing, food security, advanced technology, and healthcare.
HE Ahmed Mohamed Al Naqbi, a prominent figure in the UAE’s banking and finance industry, leads EDB, the nation’s sole development bank, pivotal in driving economic growth and industrial progress. Under his leadership, EDB aims to provide Dh30 billion in financing support to 13,500 companies within its priority sectors by 2026. Al Naqbi’s strategic approach includes offering patient debt with flexible pricing and tailored financing solutions, particularly for MSMEs, to bridge lending gaps and enhance access to capital.
With nearly two decades of experience in the financial sector, Al Naqbi is recognised for his financial acumen and contributions to the UAE’s business community. Before joining EDB, he held key positions at the National Bank of Abu Dhabi and First Abu Dhabi Bank. Al Naqbi is an alumnus of Harvard Business School and Virginia Tech’s School of Architecture and Urban Studies, USA.
About EDB
Established under Federal Law by Decree No. 07 of 2011, EDB became operational in June 2015. It serves as a vital financial engine for the UAE’s economic development. It provides financial and non-financial support to businesses of all sizes, from startups and SMEs to corporates, across its priority sectors.
Don’t miss the webinar on May 23, 2024, at 3:00 pm Gulf Standard Time (GST). Click here to register.Â
