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The event, to be held Monday Aug. 7th at Abu Dhabi Chamber of Commerce and Industry will host panelists from the Central Bank of the UAE, Al-Hilal Bank, Abu Dhabi Chamber of Commerce and Industry, Finance House and Al Wifaq Finance Company, Securities and Commodities Authority, Khalifa Fund to support and Develop SMEs enterprises, the Emirates Industrial Bank and the Industrialists Union Society.
The round-table discussion panel is amied at highlighting the issue of financing, as one of the most important challenges facing investment projects, as it imposes constraints on size of projects, as well as their potential for expansion, acquisition of modern technology, and effective contribution in the development of national economy.
The panel will give a presentation on the viability of "Financial leasing and venture capital", as some of the potential non- conventional sources for financing. The discussion will focus on the financing policy in the Emirate of Abu Dhabi, with emphasis on two main issues; one is resorting to project capital, and the other is depending on borrowing from financial institutions.
The discussion panel is meant to identify impediments to the activation of those tools, suggest remedial actions to overcome implied obstacles and reach at recommendations with regards to financing methods and tools. Effective financing methods would lead to a greater role in the process of transformation in the emirate, especially with the increasing need of enterprises for flexible sources of financing, that are more responsive to the requirements of growth and expansion.
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