In recent news, the Abu Dhabi Chamber of Commerce and Industry has signed a cooperation agreement with the Abu Dhabi Exports Office (ADEX), an affiliate of the Abu Dhabi Fund for Development. The purpose of this agreement is to support investors in increasing national export rates and enhancing their ability to compete in global markets. This signing is part of both parties’ efforts to strengthen the UAE’s position on the global trade map, promote national industries, and encourage companies to export and explore new markets.
The agreement was signed by key figures such as Mohammed Saif Al Suwaidi, Director General of the Abu Dhabi Fund for Development and Chairman of the Executive Committee of the Abu Dhabi Exports Office, and Ahmed Khalifa Al Qubaisi, Director General of the Abu Dhabi Chamber. The signing took place during a workshop hosted by the Chamber titled “The Role of the Abu Dhabi Exports Office in Supporting UAE Exports,” where representatives from various business sectors and private companies in Abu Dhabi were present.
During the workshop, attendees learned about financing solutions and services provided by ADEX to help manufacturers access global markets and minimize risk. This partnership aims to support the development of UAE industrial sectors, assist entrepreneurs and emerging national companies, drive economic growth through vital projects financing solutions.
Ahmed Khalifa Al Qubaisi stated that this agreement underscores their commitment to developing commercial affairs in Abu Dhabi, improving investment environment, opening new markets for investors and small-medium enterprises while Mohammed Saif Al Suwaid highlighted its importance in boosting UAE’s industrial sectors contribution to GDP.
Under this agreement, both parties will collaborate on initiatives related to entrepreneurship and exports in Abu Dhabi, explore potential tools and programs to finance national exports while also providing financing guarantees for foreign importers wishing to import Emirati goods & services. They will also organize training programs & events related to financing external buyers.