Abu Dhabi Exports Office signs credit deal with Egypt’s NBE
- Date: 06-Sep-2023
- Source: Khaleej Times
- Sector:Financial Services
- Country:Egypt
Abu Dhabi Exports Office signs credit deal with Egypt’s NBE
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The revolving loan facility aims to support transactions involving UAE exports to Egypt
By Reuters
Published: Wed 6 Sep 2023, 12:57 PM
Abu Dhabi Exports Office (ADEX), the export financing arm of the Abu Dhabi Fund for Development, has signed a $100 million line of credit agreement with the National Bank of Egypt (NBE), UAE state news agency WAM reported on Wednesday.
The revolving loan facility aims to support transactions involving UAE exports to Egypt.
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