ADEX, NBE sign $100 million deal to support UAE exports to Egypt

ADEX, NBE sign $100 million deal to support UAE exports to Egypt

ADEX, NBE sign $100 million deal to support UAE exports to Egypt

Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), has signed a financing agreement with the National Bank of Egypt (NBE), to boost trade and economic ties between the UAE and Egypt.

The agreement, which establishes a $100m revolving loan facility, aims to support transactions involving UAE exports to Egypt.

For more information, please see https://www.dailynewsegypt.com/2023/09/07/adex-nbe-sign-100m-deal-to-support-uae-exports-to-egypt/

Leave a Reply

Your email address will not be published. Required fields are marked *

We take processes apart, rethink, rebuild, and deliver them back working smarter than ever before.