Latest Breaking News On - Committee of adex - Page 1 : comparemela.com
Adex seeks to expand reach of Emirati exporters in Africa, Asia
khaleejtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khaleejtimes.com Daily Mail and Mail on Sunday newspapers.
Adex raises 2021 budget up 33 3% to $200m
tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.
UAE: Abu Dhabi, RAK government ink deal to support Emirati exporters
khaleejtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khaleejtimes.com Daily Mail and Mail on Sunday newspapers.
Adex, TDB sign $30m deal to bolster UAE-Africa trade
ABU DHABI, 4 hours, 7 minutes ago Abu Dhabi Exports Office (Adex), the export-financing arm of Abu Dhabi Fund for Development (ADFD), has signed a $30 million line-of-credit agreement with the Eastern and Southern African Trade and Development Bank (TDB) to bolster trade between the UAE and the bank’s member states. The partnership is the first of its kind to be signed by Adex with a foreign financial institution. The trade finance facility agreement was signed during a virtual ceremony by Saeed Al Dhaheri, Acting Director General of Adex, and Admassu Tadesse, TDB Group Managing Director and CEO.
Adex, TDB to boost trade with Africa via $30m trade finance facility
Supplied photo
The agreement is in line with the UAE Government’s policy to support and promote trade relationships.
Abu Dhabi Exports Office (Adex), the export-financing arm of Abu Dhabi Fund for Development (ADFD), has signed a $30 million (Dh110.19 million) line -of-credit agreement with the Eastern and Southern African Trade and Development Bank (TDB) to bolster trade between the UAE and the Bank’s Member States. The partnership is the first of its kind to be signed by Adex with a foreign financial institution.
The trade finance facility agreement was signed during a virtual ceremony by Saeed Al Dhaheri, acting director-general of Adex, and Admassu Tadesse, TDB group managing director and CEO.