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Dubai: The Sharjah Chamber of Commerce and Industry [SCCI] and Emirates Development Bank [EDB], a key financial enabler of the country’s economic diversification signed a MoU to foster the development of UAE-based manufacturers, exporters and SMEs through financial support. Both entities will strengthen cooperation to develop joint entrepreneurship programs, build awareness and promote knowledge sharing. EDB will extend direct and indirect lending support, equity funding for SMEs and startups in the priority sectors as well as non-financial support in the form of mentorship and business guidance. “Through the agreement, we seek to leverage EDB’s innovative banking solutions to empower manufacturers and SMEs in the Emirate of Sharjah and partner with the Sharjah Export Development Center in improving financial access to exporters,” said Abdullah Sultan Al Owais, Chairman of SCCI. “Moreover, the SCCI’s ‘Sadr’ Fund will also offer the necessary liquidity to exporters a

Ash shariqahUnited arab emiratesGulf newsAbdullah sultan al owaisAhmed mohamed al naqbiSharjah chamberEmirates development bankSharjah export development centerSadr fundImage creditMohamed al naqbiஒன்றுபட்டது அரபு அமீரகங்கள்வளைகுடா செய்திஅப்துல்லா சுல்தான் அல் ஓவைய்ச்ஷார்ஜா அறைஅமீரகங்கள் வளர்ச்சி வங்கி