Emirates Development Bank (EDB)
Abed Alrahman Qabaja is a seasoned banking professional currently serving as Director (SVP) and Head of Wholesale and Institutional Banking Operations at Emirates Development Bank since January 2022. Previously, Abed held the position of Head of Operations at aafaq Islamic Finance PSC from January 2019 to January 2022, and contributed to Corporate Operations at Dubai Islamic Bank from January 2010 to December 2018, specializing in Islamic finance services. Abed's expertise includes enhancing processing performance, risk management, and project management, along with a demonstrated ability to streamline operations, evidenced by a 25% reduction in processing times. Abed began the career as a Credit Specialist at Standard Chartered Bank and holds a degree in Finance and Banking from Birzeit University.
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Emirates Development Bank (EDB)
Emirates Development Bank (EDB) is the UAE’s development bank, a key financial engine for the economic development and industrial advancement of the nation. Our mission is to foster a healthy, sustainable, and self-reliant economy through the provision of financing solutions to SMEs and corporates domiciled in the UAE and engaged in any of our five strategic priority sectors. These include advanced technology, food security, healthcare, manufacturing and renewables. Given its developmental mandate, the Bank is not-for-profit, offering patient capital and favourable financing terms to our clients. EDB provides direct financing solutions to all clients and also indirect financing solutions to SMEs through guarantees to our commercial banking partners. We go one step further by fostering the UAE entrepreneurship ecosystem with our unique digital banking product suite tailored to start-ups and also non-financial education and mentoring programmes aimed at advancing creditworthiness and financial literacy. As the UAE’s development bank, EDB seeks to attract and retain the best talent through a supportive culture and continuous professional development opportunities. The Bank’s employees are united by the shared commitment to develop the UAE economy, a goal which is embedded in every aspect of their work and fills them with a sense of pride. Emirates Development Bank’s vision is to be a key financial engine dedicated to the economic development and industrial advancement of the UAE.