The Ministry of Industry and Advanced Technology (MoIAT) today unlocked AED 18 billion in competitive financing for the industrial sector to help manufacturers scale their production. The ministry signed Memoranda of Understanding (MoUs) with Mashreq Bank and Dubai Islamic Bank to provide AED 10 billion over five years and AED 2 billion, respectively, while Emirates Development Bank separately allocated AED 6 billion, bringing the total to AED 18 billion as part of its ongoing partnership with MoIAT. Signed at the fifth and largest edition of Make it in the Emirates ...