Home Business Arab Trade Financing Programme approves $343mn in funding requests in Q1-2022

Arab Trade Financing Programme approves $343mn in funding requests in Q1-2022

by Dubai Forum
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ABU DHABI, 15th June, 2022 (WAM) — The Board of Directors of the Arab Trade Financing Programme (ATFP) approved 30 funding requests for trade projects worth US$343 million in the first quarter of 2022, during its 13th meeting held today at its headquarters in Abu Dhabi.

The meeting, which was chaired by Dr. Abdulrahman bin Abdullah Al Humaidi, Chairman and CEO of the ATFP, reviewed the performance of the investment portfolios of the programme’s funds for the first quarter of the year.

The board presented other trade services provided by the programme to exporters and importers in Arab countries, and reviewed the progress of the Inter-Arab Trade Information Network and the efforts to update the information database on its website.

WAM/Tariq alfaham/Amjad Saleh

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