Emirates Development Bank (EDB) has signed a Memorandum of Understanding (MoU) with Abu Dhabi Exports Office (ADEX), the export financing arm of Abu Dhabi Fund for Development (ADFD), to establish a unified export financing framework of up to $272 million (AED1 billion) for UAE-based manufacturers.
The first $99 million (AED367 million) tranche under this framework was successfully drawn, marking a key milestone in the program’s implementation.
The agreement was signed by HE Ahmed Mohamed Al Naqbi, CEO of Emirates Development Bank, and Khalil Al Mansoori, Executive Director of ADEX, in the presence of high-level delegations from both organizations.
The partnership provides UAE manufacturers, including Small and Medium (SMEs), with access to a $99 million (AED367 million) financing facility made available by ADEX through EDB’s lending programs.
This supports working capital, export readiness, and short-term liquidity to help businesses expand into international markets.
This directly contributes to the ‘We the UAE 2031’ vision of building a resilient and diversified economy.
Ahmed Mohamed Al Naqbi CEO – EDB
“Our partnership with ADEX represents a strategic step towards strengthening the UAE’s export financing ecosystem. By aligning our capabilities, we are enabling manufacturers to access integrated financial solutions that support their growth beyond domestic markets, while enhancing supply chain resilience and providing essential short-term liquidity. EDB remains committed to empowering businesses that are driving industrial expansion and contributing to the UAE’s long-term economic diversification.”
Khalil Al Mansoori, Executive Director of ADEX, said that, “Partnering with Emirates Development Bank reinforces our commitment to empower UAE exports and strengthen their active presence across global markets through innovative financial solutions and sustainable partnerships.”
“By combining our industry knowledge with EDB’s financial expertise, we aim to provide UAE manufacturers with the tools and support required to expand their operations, strengthen supply chains, and enable sustainable growth,” Al Mansoori added.
According to the statement, the agreement targets UAE-based manufacturers across priority sectors, including advanced manufacturing, food security, healthcare, and renewable energy, with a focus on companies with active or planned export operations.
