Emirates Development Bank and AD Ports Group to boost financing for industrial players – The National

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Emirates Development Bank and AD Ports Group to boost financing for industrial players – The National

Abu Dhabi-based Emirates Development Bank and AD Ports Group, the operator of industrial cities and free zones in the emirate, have signed a preliminary agreement to provide financial solutions that will support the industrial sector across the UAE and bridge funding gaps.

The agreement will see EDB provide innovative services to industry players who are part of the AD Ports Group ecosystem at Khalifa Industrial Zone Abu Dhabi and ZonesCorp, to support their growth and expansion.

The agreement was signed on Thursday by Ahmed Al Naqbi, chief executive of EDB, and Abdullah Al Hameli, head of the Industrial Cities and Free Zone Cluster at AD Ports Group.