The bank reported that export financing disbursements totalled $1.8 billion (Dh6.6 billion), up 142 per cent year-on-year, while export credit insurance reached $2.4 billion (Dh8.8 billion), an increase of 118 per cent compared to the previous year.
Recent international trade data from the General Authority for Statistics indicated an 8.2 per cent year-on-year rise in non-oil exports, including re-exports, in May. Despite this…
