UAE to Grow Asia, Africa Trade, Seek $150 Billion Investment

The EDB plans to inject 30 million dirhams into the UAE economy over five years, focusing on advanced technology and SMEs. They aim to be involved in early-stage project development, particularly in Greenfield projects, and collaborate with local banks through credit guarantee and co-lending programs. Their goals include creating over 25,000 jobs and boosting GDP by 12.5 billion dirhams.

What is the total amount EDB plans to inject into the UAE economy over the next five years?

Which sectors will the EDB's investment be focused on?

How does EDB plan to collaborate with local banks?

What is the expected job creation target for the next five years according to EDB?

What are the anticipated GDP growth figures associated with EDB's investments?