Ramadan: Emirates Development Bank Hosts Iftar To Support The Manufacturing Sector

Over 300 individuals from the Scandinavian Papers Factory gathered with Emirates Development Bank's (EDB) CEO and management team for an Iftar event recently, marking a significant moment of community and gratitude. This event was a part of the wider 'UAE Develops with Kindness' campaign, highlighting EDB's dedication to fostering relationships within key industrial sectors.

The Scandinavian Papers Factory, supported by EDB, is a cornerstone in the UAE's manufacturing landscape, emphasising the importance of these gatherings in celebrating the contributions of the industrial workforce to national development.

The initiative is deeply rooted in EDB's broader ethos of social responsibility, particularly resonant during the 'Year of the Community' in the UAE. By bringing together workers and leaders from the manufacturing sector, EDB aims to underscore its role in bolstering businesses critical to the nation's economic expansion.

Ahmed Mohamed Al Naqbi, CEO of Emirates Development Bank, stated, "Ramadan is a time of compassion, gratitude, and reflection — values that align closely with EDB's commitment to strengthening communities and building a better future. Through our 'UAE Develops with Kindness' campaign, we aim to support the people and industries that are essential to the UAE's economic and social prosperity. Our Iftar gathering with the Scandinavian Papers Factory team reflects this commitment, uniting people through shared values and meaningful connections."

EDB's recognition as the first local bank in the UAE to receive the Great Place to Work® certification underscores its commitment to fostering a culture of trust and high performance. This culture is pivotal in nurturing meaningful partnerships across strategic sectors, including manufacturing, furthering the bank's influence in driving economic growth.

The 'UAE Develops with Kindness' campaign encompasses various initiatives aimed at enhancing social impact and community cohesion across the UAE. Among these initiatives, EDB collaborated with Emirates Red Crescent on a project to pack and distribute food boxes, ensuring that families had access to necessary provisions during Ramadan.

EDB plays a crucial role in the UAE's economic framework, especially in supporting the manufacturing sector, which is vital for the nation's industrial and economic progress. Through initiatives like these, EDB is dedicated to fostering enduring relationships with key players in the sectors that shape the UAE's future, highlighting its commitment to not just economic growth but also to social responsibility and community development.