The Abu Dhabi Chamber of Commerce and Industry and the Abu Dhabi Exports Office (ADEX) recently signed a cooperation agreement to support investors in increasing national export rates and enhancing their ability to compete in global markets. This agreement is part of the efforts of both parties to strengthen the UAE’s position on the global trade map, promote national industries, and encourage companies to export their products and services to new markets. This aligns with the Abu Dhabi government’s strategy to achieve economic diversification and sustainable development.
The agreement was signed by key officials including Mohammed Saif Al Suwaidi, Director General of the Abu Dhabi Fund for Development, and Chairman of the Executive Committee of ADEX, and Masoud Rahma Al Masoud, Treasurer of the Board of Directors of the Abu Dhabi Chamber. The signing took place during a workshop titled “The Role of the Abu Dhabi Exports Office in Supporting UAE Exports”, attended by representatives from various business sectors and private companies in Abu Dhabi.
The workshop provided attendees with information on the financing solutions and services offered by the Abu Dhabi Exports Office, aiming to help manufacturers access global markets and mitigate the risk of non-payment. The partnership between the two entities is expected to facilitate financing solutions for vital projects, drive the national economy, boost export rates, and expand global reach for UAE businesses.
Through this agreement, the Abu Dhabi Chamber and ADEX will collaborate on studying financing requests from investors and companies looking to export Emirati goods and services. They will also organize training programs, seminars, and events to enhance the competitiveness of local companies in the field of export and global expansion.
In addition to supporting entrepreneurship and export initiatives in Abu Dhabi, the two parties will explore opportunities for financing national exports and work together to achieve mutual goals and objectives related to economic growth and development in the emirate.