First Abu Dhabi Bank (FAB) has established a strategic partnership with EDGE Group, a leading entity in advanced technology and defense. This collaboration focuses on two major financial initiatives: the implementation of FAB’s advanced Supply Chain Finance (SCF) solution and the deployment of its AI-powered Treasury Management System (TMS).

Credit: Economy Middle East

According to a statement, Hamad Al Marar, the managing director and CEO of EDGE, emphasized that the partnership with FAB serves as a strategic enabler for EDGE’s global industrial ambitions. He noted that it strengthens the financial framework necessary to operate efficiently and resiliently in a competitive environment, ensuring the organization remains agile and well-capitalized for sustained international growth.

Martin Tricaud, the group head of Wholesale Banking at FAB, highlighted that this partnership represents a significant advancement in establishing a more resilient supplier ecosystem. He pointed out that effective cash flow and supply chain finance are essential for sustainable business models. By combining FAB’s global expertise with innovative financial solutions, the partnership aims to enhance financial agility and promote long-term value creation.

Through FAB’s digital SCF solution, EDGE provides both local and international suppliers with access to early, low-cost financing. This approach boosts supplier trust, improves commercial terms, and ensures operational continuity across crucial functions.

The deployment of FAB’s AI-powered TMS by EDGE is noted to be the largest of its kind to date. This system offers real-time cash visibility, advanced forecasting capabilities, and integrated risk management tools. These features allow EDGE to automate treasury operations and optimize liquidity throughout the Group.

The platform is designed to protect against interest rate and foreign exchange risks while enhancing financial agility, investment planning, and funding strategies. Rodrigo Torres, the group chief financial officer of EDGE, commented that this partnership reflects EDGE’s dedication to integrating financial sophistication and innovation into its operations.

To date, over AED1.6 billion in invoices have been processed through this partnership, unlocking more than AED1.2 billion in off-balance sheet financing. These financial solutions facilitate real-time cash control, intelligent forecasting, and improved financial governance, all of which are vital for supporting EDGE’s long-term growth strategy and industrial objectives.