Live Breaking News & Updates on Egypt Based Emirati
Stay updated with breaking news from Egypt based emirati. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
26. February 2021 Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development, on Wednesday (17 February 2021) signed a AED 22 million (USD 6 million) loan agreement with the Egypt-based Emirati firm Jenaan Pipes & Irrigation Systems SAE. The funds will enable the company to import raw material from Borouge, a leading petrochemicals company, to manufacture and supply irrigation systems to one of the world’s largest refineries situated in Egypt. Additionally, the amount will help Jenaan to produce irrigation systems that will contribute to building the world’s biggest sugar refinery in the country. The projects will not just lead to the growth and expansion of the two Emirati companies, but they will also bolster Egypt’s food security. ....
The polyethylene extrusion plant will manufacture irrigation systems for one of the world’s largest sugar refineries, which is to be built in Egypt Abu Dhabi Exports Office (Adex), the export-financing arm of Abu Dhabi Fund for Development (ADFD), has signed a loan agreement with the Egypt-based Emirati firm Jenaan Pipes & Irrigation Systems SAE to disburse a credit facility of $6m. Jenaan will use the funds to build a polyethylene extrusion plant in Egypt that will manufacture and supply irrigation systems to one of the world’s largest sugar refineries, which is to be built in Egypt. The sugar refinery will cover 76,000 hectares of reclaimed desert land that is being prepared for cultivation. ....
Abu Dhabi Exports Office signs $6mn deal to
deal to finance UAE’s Jenaan project in Egypt February 17, 2021 Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development, on Wednesday signed a 22 million dirhams ($6 million) loan agreement with the Egypt-based Emirati firm Jenaan Pipes & Irrigation Systems SAE. WAM photo ABU DHABI Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development, on Wednesday signed a 22 million dirhams ($6 million) loan agreement with the Egypt-based Emirati firm Jenaan Pipes & Irrigation Systems SAE. The funds will enable the company to import raw material from Borouge, a leading petrochemicals company, to manufacture and supply irrigation systems to one of the world’s largest refineries situated in Egypt. ....
ADEX inks Dhs22m deal to finance UAE's Jenaan sugar refinery project in Egypt gulfbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfbusiness.com Daily Mail and Mail on Sunday newspapers.