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Abu Dhabi, UAE – 20 December 2024: AD Ports Group, the leading facilitator of global trade, logistics and industry (ADX: ADPORTS), has successfully refinanced and upsized its existing Revolving Credit Facility (RCF) from USD 1 billion to USD 2.125 billion (equivalent in AED and USD tranches). This move aims to optimise the Group’s financing costs by improving interest margins and extending the maturity of the RCF from 2026 to 2028, with an option to extend further until 2030.

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Abu Dhabi, United Arab Emirates – 20 December 2024:
UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, honoured the heads of its technical and advisory committees in appreciation of their contributions to advancing the sector and reinforcing the UAE banking sector’s distinguished position. The recognition took place during UBF’s annual meeting of technical committee heads, which focused on reviewing the achievements of 2024 and outlining priorities and strategic objectives for 2025.

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