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AD Ports signs Iraqi deal

[ November 9, 2022   //   ]

AD Ports Group has signed a memorandum of understanding with the International Development Bank for ports and logistics projects to enhance trade flows between the UAE and Iraq. IDB is the only Iraqi financial institute licensed from the Central Bank of the UAE to provide wholesale corporate banking service and aims to provide its services to corporate clients and support a range of landmark infrastructure projects in both countries. In 2021, AD Ports Group signed an agreement with General Company for Ports of Iraq (GCPI) to promote increased cooperation.

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