ADFD Supports Continuous Initiatives to Improve National CompetitivenessSUCHI News

Suchi News

ABU DHABI, (UrduPoint / Pakistan Point News / WAM – 19th March, 2023) A delegation of the Abu Dhabi Fund for Development (ADFD) and the Abu Dhabi Exports Office (ADEX) visited the headquarters of Mark Cables as a part of a series of field visits to national institutions in the country.

The purpose of the visit is to expand cooperation with Emirati companies working in important sectors, according to the country’s plan to support exports.
The delegation was led by Mohamed Saif Al Suwaidi, Director General of the Abu Dhabi Fund for Development and Chairman of the Board of Directors of the Abu Dhabi Exports Office.

It included Rashid Al Kaabi, Director of the Fund’s Investment Department; and Khalil Al Mansoori, Deputy Director General of the Abu Dhabi Exports Office.
The two parties discussed the importance of combining their efforts, exploring opportunities to improve access to world markets for products and local products, and exploring the effectiveness of the financing provided by ADFD .

The aim is to increase the competitiveness of Emirati companies abroad.
During the visit, the delegation was briefed on Mark Cables’ capabilities in the production of cables, electrical systems, and energy efficient lighting.

The company expressed gratitude for the role of ADFD and ADEX in providing credit facilities to expand its export business.
The Abu Dhabi Fund is committed to contributing to the economic development of the country in accordance with the policies of the UAE government for economic development.

It provides the ability to strengthen the country’s private sector, competitive financing to Emirati exporters, and support for their products to reach different countries around the world through ADEX.

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