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emirates development bank reports record financing and economic impact in 2024
Emirates Development Bank (EDB) reported Dh15.7 billion in financing for 2024, boosting the UAE’s industrial GDP by Dh4.1 billion and creating 28,000 jobs. The manufacturing sector received the largest share at Dh4.23 billion, while the bank aims for Dh23 billion in financing for 2025, focusing on AI and digital transformation.
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