Emirates Development Bank Deploys AED 20M Daily to Support SMEs

Emirates Development Bank, the UAE’s state development bank focused on economic diversification, said it is deploying an average of Dhs20 million in financing each day to support businesses facing supply chain disruptions and market volatility.

The bank said the daily funding, as of April 13th, 2026, is aimed at easing immediate liquidity needs, helping companies maintain operations, secure raw materials and sustain domestic supply networks.

To accelerate access to capital, the bank has relaxed liquidity policies, reduced loan approval requirements and updated its funding and capital frameworks.

It added that partnerships with local banks and credit fintech firms are intended to streamline financing processes and improve access for micro, small and medium-sized enterprises.

Ahmed Mohamed Al Naqbi, Chief Executive Officer of Emirates Development Bank, said the approach focuses on delivering working capital quickly to businesses in need while maintaining risk controls through credit analytics.

Since the launch of its renewed strategy in 2021, the bank said it has contributed Dhs11.3 billion to non-oil GDP and supported Dhs74.6 billion in industrial capital expenditure.

The daily financing is being directed toward priority sectors including manufacturing, advanced technology, healthcare, renewable energy and food security, as part of efforts to maintain stability and support economic activity.