Etihad Water and Electricity (EtihadWE), the federal body overseeing water and electricity in the Northern Emirates, has formed a strategic alliance with Ajman Bank to boost collaboration in line with the UAE’s national development goals.
This partnership strengthens EtihadWE’s long-term growth plans, focusing jointly on infrastructure resilience, sustainability, and effective project execution.
The signing event was attended by Eng. Yousif Ahmed Al Ali, CEO of Etihad Water and Electricity, and Mustafa Al Khalfawi, CEO of Ajman Bank, alongside senior officials from both entities.
Al Ali stated: “Partnering with Ajman Bank enhances our mission to expedite crucial infrastructure projects in the Northern Emirates. By integrating financial expertise with our operational strategy, we are poised to provide sustainable, forward-thinking services that address our communities’ evolving needs.”
This agreement aims to deploy innovative financing models for the timely delivery of strategic infrastructure, while reinforcing a mutual commitment to institutional resilience, operational excellence, and sustainable growth.
Al Khalfawi commented: “Our collaboration with EtihadWE highlights the impact of aligning national institutions under a common purpose. At Ajman Bank, we are dedicated to enabling infrastructure that supports the UAE’s long-term development, delivers value to its people, and builds a foundation for future generations.”
This agreement emphasizes the critical role of public-private partnerships in shaping national strategic infrastructure and advancing long-term development objectives across the Emirates.
