Emirates Fund Launched To Target Business Growth
The Emirates Growth Fund has been launched with a value of 1 billion dirhams. The strategy has reportedly created over 38,000 jobs to date. The launch comes ahead of the 'Make it in the Emirates 2026' initiative. The fund aims to foster economic development and innovation within the UAE. A funding strategy adopted in 2021 utilizes a 30 billion dirham portfolio to support over 13,500 small, medium, and large companies. The initiative aims to create 25,000 jobs in priority sectors. By the end of 2025, the fund's financing exceeded 22.6 billion dirhams and created more than 38,000 job opportunities. This initiative represents a second phase of growth-focused financial deployment. The United Arab Emirates has launched a new fund aimed at supporting business growth.
Topics
Developing
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Sources · 7 independent
“The second layer was manifested in the launch of the Emirates Growth Fund worth one billion dirhams, targeting small and medium enterprises in manufacturing, food security, healthcare, and advanced technology.”
“The Emirates Growth Fund has been launched to provide support for Small and Medium-sized Enterprises (SMEs).”
“Emirates growth fund launched to support SMEs”
“The Emirates Growth Fund was launched to support SMEs.”
“the strategy adopted since 2021 with a portfolio value of 30 billion dirhams aims to support more than 13,500 small, medium and large companies and create 25,000 jobs”
“من 38000 فرصة عمل. الطبقة الثانية تجلت في إطلاق صندوق الإمارات للنمو.”
“The second phase was manifested in the launch of the Emirates Growth Fund from 38,000 job opportunities.”
“الطبقة الثانية تجلت في إطلاق صندوق الإمارات للنمو. من 38000 فرصة عمل.”
“The second layer was manifested in the launch of the Emirates Growth Fund. The Minister of Industry and Advanced Technology is preparing to reveal a series of initiatives to enhance the resilience of the industrial sector.”
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