MBRIF Provides AED 7.2M Guarantee to Fragrance Delivery Technologies
The Mohammed Bin Rashid Innovation Fund (MBRIF) granted an AED 7.2 million credit guarantee to Dubai's Fragrance Delivery Technologies (FDT). This supports FDT's advanced manufacturing expansion in the UAE.
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DXB Start·April 3, 2026·1 min read·14 hours ago
The Mohammed Bin Rashid Innovation Fund (MBRIF) announced an AED 7.2 million credit guarantee for Dubai-based Fragrance Delivery Technologies (FDT). This financial backing aims to support FDT in scaling its advanced manufacturing capabilities within the UAE.
The guarantee will specifically facilitate FDT's upgrade of its JAFZA facility. This move underscores the UAE's commitment to fostering local advanced manufacturing and innovation.