ADGM, ADEX sign deal to boost UAE’s exports, economic growth – Gulf Today

ADGM, ADEX sign deal to boost UAE’s exports, economic growth – Gulf Today

Serving as the Mena region's epicentre of financial activity and investment, Abu Dhabi is located at the fore of the exports industry and we are keen to leverage the Emirate's unique position to achieve our shared objectives.. ADEX provides direct financing and guarantees to overseas buyers from the public and private sectors seeking to import goods and services from UAE companies.. Financing is provided in the form of direct loans to overseas buyers from UAE companies as well as payment guarantees to financial institutions for loans to purchase goods and services from UAE companies.. While the loans are made to the overseas buyer, upon successful delivery of goods or services ADEX makes payment direct to the UAE exporter, eliminating payment delays and risk of non-payment..