Eurasian Development Bank opens Abu Dhabi office and signs four memorandums
At EDB Investor Day, the bank presented Central Asian projects to Gulf investors and agreed on cooperation with three banks in Kazakhstan.
The Eurasian Development Bank held EDB Investor Day in Abu Dhabi, bringing together more than 80 investors and other representatives. It opened an office at ADGM and signed four memorandums, including agreements with three banks in Kazakhstan.
Participants at EDB Investor Day in Abu Dhabi discuss investment projects in Central Asia.
On November 10, the Eurasian Development Bank (EDB) held EDB Investor Day in Abu Dhabi, presenting Central Asia’s economic potential and investment projects. More than 80 investors, government officials, representatives of international financial institutions and business communities from the Gulf states and Central Asia attended.
The event included the opening of the EDB office at Abu Dhabi Global Market (ADGM). The office will support the bank’s investment fund ecosystem and help attract international capital to projects across Eurasia. The planned ecosystem includes the Central Asia and Caucasus Private Equity Fund (CACPEF), the Central Asia Development Investment Fund (CADIF) and the Altaira Private Equity Fund.
The EDB signed agreements with Eurasian Bank, Bank CenterCredit and ForteBank to expand co-financing of investment projects in Kazakhstan. The agreements cover areas including syndicated lending, financing for energy projects and interbank cooperation.
Advertisement
The bank also signed a memorandum with UAE-based ACM LIMITED on cooperation in capital markets, structured finance and asset management. The parties will consider debt instruments, including credit-linked notes, and investment mechanisms to attract international capital to Central Asian projects.
In 2025, the EDB raised 385 million UAE dirhams through two dirham-denominated bond placements. It plans a public dirham bond issue to be listed on the Abu Dhabi Securities Exchange.
EDB Management Board Chairman Nikolai Podguzov said investment from Gulf countries into Central Asia had grown 3.4 times since 2020. The bank estimates that additional trade potential between the regions will reach $4.9 billion by 2030.
