RIYADH: Emirates Development Bank (EDB) is planning to sell its second-ever international bonds as soon as this month, Bloomberg reported, citing people familiar with the matter. EDB could raise $750 million or more, the people said, asking not to be identified as the information is private. The money would be directed to support companies operating in sectors considered
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The Emirates Development Bank (EDB), fully owned by the UAE Federal Government, has signed a Memoradum of Understanding (MoU) with Commercial Bank of Dubai (CBD) to offer Credit Guarantee and Co-lending programmes for SMEs in the UAE.