Held at the SEDD’s headquarters, the Project Finance Committee reviewed the approved project funding balance for 2026 and a summary of funding decisions issued through the institution's direct funding program and indirect funding through banks.

Hamda Al Hammadi, a member of the Technical Committee for Project Financing, presented the list of projects that submitted funding requests and requested reconsideration of previous decisions issued regarding a group of projects, and the necessary decisions were made.

The committee approved funding for three new entrepreneurial projects with a total funding value of 1.577 million dirhams. This included funding for an industrial project worth AED 400,000, a project in the professional sector specialising in issuing quality, evaluation, and standards certificates worth AED 177,000, and a third joint project between five entrepreneurs in the hospitality sector worth AED 1 million.

The total number of projects that have received funding approvals from the committee during 2026 until the end of July is 7 projects, with a total funding value of 3 million and 211 thousand dirhams.