ADNOC has entered into a strategic partnership with Comera Financial Holdings to improve financial access for small and medium enterprises (SMEs) and suppliers based in the UAE.
The collaboration will introduce a new financing program designed to provide SMEs and suppliers with quicker and more efficient access to working capital, allowing them to fulfill ADNOC purchase orders (PO) with greater speed and ease.
The initiative will boost access to liquidity while enabling scalable operations and sustainable growth for the suppliers and SMEs. The partnership reinforces ADNOC’s commitment to supporting local businesses and advancing the UAE’s economic diversification by providing practical solutions that empower SMEs to thrive and compete globally.
“ADNOC’s partnership with Comera Financial Holdings provides best-in-class financing solutions that will enable our UAE suppliers and SMEs to unlock working capital by converting purchase orders into immediate funding. It will enhance liquidity, strengthen agility, and accelerate business growth. This is testament to ADNOC’s commitment to further advance a diversified economy by supporting the SME ecosystem, strengthening the resilience of our local supply chains and delivering greater-in-country value for the UAE.”
As part of the agreement, both companies will create an intelligent, automated platform that directly connects SMEs and suppliers awarded ADNOC contracts to lender support.
Akhtar Saeed Hashmi, Managing Director and Group CEO of Comera Financial Holdings, said that, “Our partnership marks a historic leap in the way supply chains are financed in the region. As part of Abu Dhabi’s Royal Group, Comera Money brings the strength, scale, and vision needed to deliver world-class financial innovation.”
“By offering access to capital to the community, we are unlocking opportunities for suppliers to deliver faster, grow stronger, and innovate fearlessly. Together, we are building a model of empowerment that will set new benchmarks for supply chain finance, not just in the UAE but across global markets,” Hashmi added.
