Abu Dhabi Exports Office Champions UAE Export Growth At Prestigious GTR MENA Conference

The Abu Dhabi Exports Office (ADEX), the export-financing branch of the Abu Dhabi Fund for Development (ADFD), recently marked its first appearance at the Global Trade Review (GTR) Middle East and North Africa (MENA) conference. This event, which celebrated its 24th edition, took place in Dubai on the 20th and 21st of February. The GTR MENA conference has long been recognized for its role in fostering connections, sharing insights, and facilitating discussions on export and trade within the region.

Khalil Al Mansoori, the Acting Director General of ADEX, expressed enthusiasm about participating in the GTR MENA conference. He highlighted the event as an invaluable platform for ADEX to outline its strategies for enhancing and expanding the UAE's export sector. "As we embark on this journey, we look forward to exploring new collaborations and partnerships that will drive innovation and growth in our export sector," Al Mansoori stated. He elaborated on ADEX's commitment to supporting the UAE's economic diversification efforts by filling a vital gap in export financing, working alongside commercial banks and export credit insurance agencies (ECAs) to provide comprehensive financial support throughout the export cycle.

The conference covered a wide array of topics pertinent to the future of trade and exports in the region. Discussions ranged from the dynamics of post-oil trade to MENA's emerging role as a hub for supply chain finance. Other significant themes included corporate cash management strategies, state-supported initiatives for strategic commodity supply, advancements towards paperless trade facilitated by the Electronic Trade Documents Act, and emerging trends in trade and supply chain innovation.

By participating as one of the main sponsors of the GTR MENA conference, ADEX has underscored its pivotal role in enhancing the UAE's export sector. This involvement not only signifies ADEX's commitment to fostering growth and innovation within this sector but also positions it as a key player in supporting the country's broader economic objectives.

With inputs from WAM