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About Us

Abu Dhabi Exports Office (ADEX) was established by Abu Dhabi Fund for Development, to provide buyer’s credit facilities in form of loans and guarantees to boost and open new markets for UAE exports.

The initiative seeks to support the national economy and enhance its competitiveness in line with the UAE’s strategies aimed at advancing economic diversification as a pillar of sustainable development, through expanding the range of export products and commodities.

Objectives

Build a diversified and sustainable national economy

Enhance the competitiveness of non-oil national exports in international markets

Protect national companies from potential payment default risk

Benefits

Facilitates exports by providing credit to foreign buyers to import goods from UAE

Paid by ADEX to the UAE exporters on behalf of the foreign buyer

Can be a transaction specific financing or a revolving

line of credit

Can be offered to foreign buyers of products/services of an overseas UAE related company (at least 30% UAE ownership)

Short, medium and long-term financing facilities for the foreign buyer (up to 15 years)

Competitive and attractive interest rates

Product Overview

ADEX’s Buyer's Credit financing tools (direct and indirect export credit) aim to motivate UAE exporters to explore new markets. Through these tools, the overseas buyer can import goods and services from the UAE on deferred payment terms and competitive rates. As a result, the UAE exporter enjoys lower complexities of international trade transactions such as payment default risk, and can better compete in the international market.

Indirect Financing (Loans)

Opening a credit line with financial institutions in the importing countries for on lending purposes to importers to purchase goods or services from a UAE source.

Conditions

Type

Revolving credit facility

Financing value

Up to 100% of the export contract value

Currency

AED or US$

Interest rate

Fixed/variable

Minimum Finance

US$100,000

Loan period

Up to five years

Mechanism

Relending Bank (Authorized Bank)

(Lender)

Secondary Borrower (Importer)

UAE National Exporter

Credit facility

6 Disbursement Request

8 Loan Repayment           

2Re-lending Agreement

5 Payment Request

7Loan Disbursement

        4 Shipment

3 Sales Contract                

Direct Financing (Loans)

Direct loan to a foreign importer (government/private) to purchase goods or services from a UAE source.

Conditions

Type

Non revolving 

loan

Financing value

Up to 90% of the export contract value

Currency

AED or US$

Interest rate

Fixed/variable

Minimum Finance

US$ 3 million

Loan Tenor

Up to 15 years

Mechanism

Importer (Borrower)

(Lender)

UAE National Exporter

1.b Loan Agreement

4 Loan Repayment           

2 Shipment

1.a Sales Contract

3 Loan Disbursement

Direct Financing (Guarantees)

Payment guarantee to a financial institution to provide a loan to a foreign importer (Government/ Private) to purchase goods or services from a UAE source.

Conditions

Type

Guarantee

Guaranteed amount

Up to 90% of the export contract value

Currency

AED or US$

Guarantee commission

Fixed percentage of the guarantee value paid upfront

Minimum Finance

USD3 million

Guarantee period

Up to 15 years

Mechanism

Importer (Borrower)

Lending Bank (Authorized Bank)

UAE National Exporter

(Guarantor)

2.a Loan Agreement

5 Loan Repayment           

1Sales Contract

 

3 Shipment

2.b Guarantee

      4  Loan Disbursement

Financed Goods and Services

ADEX provides financing for the following goods and services:

1) Consumer and capital goods manufactured in UAE

2) Infrastructure and other related projects carried out by UAE contractors overseas

3) Consultancy and other services

Click Here to Register

Eligible external buyers

  • Governments
  • State Owned / Semi Government Entities
  • Banks / financial institutions
  • Private companies

Broad Terms & Conditions

Credit Limit

Up to 100% value depending on the type/risk of the transaction

Eligible Foreign Buyers

Sovereign governments/ state owned entities/ private companies and financial institutions with satisfactory track record and sound financials

Eligible UAE Exporters

UAE exporters with satisfactory track record

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