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Eye of Dubai
Business & Money | Thursday 7 March, 2024 8:51 am |

Abu Dhabi Exports Office takes part in TXF MENA conference for third consecutive year

The Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), participated in the TXF MENA conference marking the third consecutive year of its engagement with the event. The conference which took place in Dubai on March 5-6 brought together industry leaders and experts to discuss the current economic dynamics and provided a platform for participants to explore opportunities for deals and collaborations. 


Khalil Al Mansoori, the Acting Director General of the Abu Dhabi Exports Office, delivered a keynote address, where he emphasized the importance of the event for the economy of the region, especially for the UAE which considers the export sector as a key driver of economic development.


He emphasized that ADEX’s efforts were aligned with the nation’s strategies to achieve sustainable and inclusive economic growth, pointing out that the agency’s participation in TXF MENA was critical to its commitment to supporting the national economic agenda. “Our presence in TXF MENA is part of our commitment to aligning with national objectives and collaborating closely with partners to strengthen and expand our export sector,” he said, adding that ADEX had an advantage of working under the umbrella of Abu Dhabi Fund for Development (ADFD), a national development financing institution with a strong network worldwide and with more than 50 years of expertise in engaging with the governments and financial institutions of 106 countries.


He urged local and global financial institutions to collaborate with ADEX in its effort to develop the UAE’s export sector. “These partnerships play a crucial role in expanding our reach and impact. Through these collaborations, we can enhance access to financing for importers of UAE goods and services and raise the competitiveness of our exports,” he remarked. 


The event included insightful panel discussions, country-focused workshops, forums and roundtables of heads of export and project finance. 


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