UAE to Grow Asia, Africa Trade, Seek $150 Billion Investment

UAE to Grow Asia, Africa Trade, Seek $150 Billion Investment

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Business

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The EDB plans to inject 30 million dirhams into the UAE economy over five years, focusing on advanced technology and SMEs. They aim to be involved in early-stage project development, particularly in Greenfield projects, and collaborate with local banks through credit guarantee and co-lending programs. Their goals include creating over 25,000 jobs and boosting GDP by 12.5 billion dirhams.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total amount EDB plans to inject into the UNI economy over the next five years?

20 million dirhams

30 million dirhams

50 million dirhams

40 million dirhams

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which stage of project development does EDB aim to be involved?

Completion stage

Early-stage

Mid-stage

Late-stage

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of projects is EDB particularly interested in leading?

Greenfield projects

Brownfield projects

Residential projects

Infrastructure projects

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many jobs does EDB aim to create in the next five years?

20,000 jobs

25,000 jobs

15,000 jobs

10,000 jobs

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected GDP boost from EDB's initiatives over five years?

10 billion dirhams

12.5 billion dirhams

20 billion dirhams

15 billion dirhams