Latest news with #Mansoori
Al Etihad
07-05-2025
- Business
- Al Etihad
Abu Dhabi Customs showcases its advanced digital experience to strengthen trade partnerships with Japan
7 May 2025 14:25 ABU DHABI (ALETIHAD)Abu Dhabi Customs, as part of the Abu Dhabi Economic Delegation's visit to Japan runs from May 6-9, is showcasing key digital initiatives aimed at streamlining customs procedures and facilitating cross-border showcase also includes upcoming projects and strategic directions that support Abu Dhabi's position as a regional hub for global trade and reinforce its role as a rising economic Lahej Al Mansoori, Director-General of Abu Dhabi Customs, stated that this participation reflects Abu Dhabi's commitment to strengthening its global economic presence, promoting its pro-business environment, and deepening cooperation with key global economies, particularly noted that the visit aims to explore new opportunities, exchange knowledge and technologies, and build partnerships across various Japanese economic and commercial sectors, contributing to the development of a future-ready economy and supporting sustainable development Mansoori emphasised the central role of customs cooperation in advancing trade and economic ties. He explained that Abu Dhabi Customs is sharing its success stories and strategic projects to build new bridges and expand organisation is globally recognised for implementing advanced customs practices, particularly in digital transformation. It has successfully re-engineered more than 1,300 procedures and fully digitised its services, offering over 40 integrated e-services in collaboration with more than 60 government and private strategic partners. This transformation has delivered impressive operational results, with pre-arrival customs clearance reaching 72% and average clearance times reduced to just 12 minutes, setting a new standard for the also noted that the 'invisible customs' concept is now a reality in Abu Dhabi thanks to the use of artificial intelligence, blockchain, and smart automation technologies. One key milestone is the launch of 'TradeChain', a blockchain-based customs platform that enables instant transaction processing and real-time visibility across the supply Abu Dhabi Customs is actively supporting the Trusted Digital Trade Corridor initiative, developed in collaboration with multiple countries to shape the future of global trade. Al Mansoori concluded by highlighting that the Japan visit presents a valuable opportunity for direct engagement with decision-makers across the customs, trade, and economic sectors. He expressed confidence that the visit would help strengthen partnerships and open new avenues for business and investment, in line with the shared vision for greater economic integration and prosperity. Source: Aletihad - Abu Dhabi
Al Etihad
16-04-2025
- Business
- Al Etihad
ADEX participates in TXF Middle East & Africa 2025 to advance regional export finance collaboration
16 Apr 2025 19:58 ABU DHABI (ALETIHAD)The Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), took part as a key sponsor in the TXF Middle East & Africa 2025, held over three days in edition of TXF marked the first time the conference merged its Middle East and Africa editions into one comprehensive platform, uniting decision-makers, financiers, and exporters from both regions to promote cross-regional partnerships, explore common interests, and align strategies that support economic Al Mansoori, Executive Director of ADEX, delivered a keynote address highlighting ADEX's role as a strategic enabler of the UAE's export sector.'At ADEX, we believe meaningful progress begins with meaningful partnership. Collaboration is the foundation of everything we do,' he Mansoori noted that ADEX's role continues to evolve in line with national ambitions such as Operation 300 Billion, Abu Dhabi's Industrial Strategy, and the UAE Centennial 2071.'We are committed to helping the UAE become a global hub for innovation and trade. Supporting exports and investments in key sectors like AI and renewable energy plays a vital role in achieving a competitive, knowledge-based economy,' he support this vision, ADEX has expanded its financing solutions beyond traditional loans and guarantees for foreign buyers of UAE goods and services. The agency now also provides direct loans to UAE-based businesses to help scale production and invest in capital expenditure, in addition to offering multilateral risk repurchase agreements that unlock liquidity for high-impact export deals.'These tools make us more agile, more responsive, and more aligned with the needs of our exporters and partners. They also allow us to support the UAE's efforts to diversify its economy while opening new opportunities for local companies abroad," ' Al Mansoori of the highlights of the event was TXF's recognition of ADEX's syndicated facility with BGN as one of its Deals of the Year, acknowledging the creative structuring and impact of the transaction in supporting UAE exports in emerging markets. The event included insightful panel discussions, country-focused workshops, and roundtables of heads of export and project finance.
