Global Trade Alert
Global Trade Alert

United Arab Emirates: ADEX announces an additional USD 132.5 million in export finance to BGN

Announcement

19 Feb 2025

In February 2025, the Abu Dhabi Exports Office (ADEX) with nine other lenders announced a USD 132.5 million increase in export financing to BGN to support UAE energy commodity exports, bringing it to USD 232.5 million.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

19 Feb 2025

Revocation date:

No revocation date

Announced: 19 Feb 2025
Trade finance In force
On 19 February 2025, the Abu Dhabi Exports Office (ADEX) and other lenders signed an agreement for a USD 132.5 million increase in the export finance facility for the UAE subsidiary of the global ener...
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