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ABU DHABI, 16th October, 2022 (WAM) — The Abu Dhabi Export Office (ADEX), the export finance arm of the Abu Dhabi Development Fund, has participated in the Export Manufacturers CEO Forum held in the UAE capital, Abu Dhabi.
The event was attended by senior government officials and representatives of public and private companies and industry.
Organised by the Abu Dhabi Department of Economic Development (ADDED) in partnership with Abu Dhabi Export Office (ADEX), Emirates Development Bank (EDB) and Etihad Credit Insurance Company (ECI), the forum explored enabling national businesses to increase mechanism of its business. Export volumes through risk-free financing.
Mohamed Saif Al Suwaidi, Director General of the Abu Dhabi Development Fund and Chairman of the Export Executive Committee of the Abu Dhabi Export Office, said the forum is in line with the UAE Government’s vision to drive growth in the export sector, a key driver and component of economic diversification.
“The forum is an important platform to connect with stakeholders on how to develop the industrial sector and how businesses can benefit from the competitive financing of (ADEX) and the innovative solutions offered by its partners. The event also provides an ideal ways to explore appropriate solutions to the challenges faced by exporters, especially in securing financial resources to expand their global footprint.”
Khalil Fadhl Al Mansoori, Acting Director General of the Abu Dhabi Export Office, spoke about ADEX’s contribution to the development of industry in the UAE as it provides attractive credit facilities for foreign buyers to purchase UAE goods and services. “We are also working to forge strategic partnerships with national and international agencies to support key sectors such as pharmaceuticals, food, defence, water and renewable energy, and open new markets for them to export their products,” he added.
The Export Manufacturers CEO Forum included workshops where participants agreed on the importance of promoting domestic products and facilitating credit facilities for Emirati companies operating in various industrial sectors.
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