Abu Dhabi Exports Office signs credit deal with Egypt’s NBE

Abu Dhabi Exports Office signs credit deal with Egypt’s NBE





Home

/

Business































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.





















ALSO READ:























UAE's Adnoc to proceed with Habshan carbon capture project

















UAE has the highest public crypto adoption rate globally











Business





Abu Dhabi