Abu Dhabi Export Office aims to raise funding to AED 3 billion by the end of 2023

Mohammed Saif Al-Suwaidi, Director General of the Abu Dhabi Fund for Development, said that the UAE has developed infrastructure that has enhanced its position as a global trading center and contributed to attracting foreign investment in various fields.

“The Abu Dhabi Export Office (ADEX), the export-financing arm of the Abu Dhabi Fund for Development, plans to finance UAE manufacturers in the coming phase to support their products’ access to foreign markets, which will contribute to enhancing the position and presence of national companies in global markets, especially those where the local source does not exist,” Al-Suwaidi told UAE news agency WAM.

“The funding provided by the Abu Dhabi Export Office amounted to AED 2.5 billion, while the office aims to raise its funding to about AED 3 billion by the end of this year,” Al-Suwaidi explained.

“As a result of our efforts to expand our strategic partnerships, the Abu Dhabi Export Office signed 14 agreements and memoranda of cooperation with local, regional, and international institutions, which contributed to the development and support of national exports and the consolidation of the country’s place on the global trade map,” he added.