In a strategic move to empower UAE exporters and advance the nation's economic diversification goals, the Abu Dhabi Exports Office (ADEX) has signed a USD235 million (AED 863 million) syndicated loan agreement with Japan's Sumitomo Mitsui Banking Corporation (SMBC) and Commercial Bank of Dubai (CBD) to support Trafigura, a market leader in the global commodities [...] The post Abu Dhabi Exports Office signs USD235 million syndicated loan agreement to boost UAE trade with Trafigura appeared first on Shipping Herald.
Trafigura is a Singapore-based multinational commodity trading company that stores and transports raw materials such as crude oil, refined petroleum, and biodiesel.