Italy's SACE plans to back nearly $5bn in UAE projects

(Arabian Business, Dubai, 3 March 2018) Italy's SACE says evaluating nearly $5bn of UAE projects Export credit agency sees its exposure in the Middle East almost triple to $14.7bn since opening offices in Dubai. It said growth is expected to continue in the region as it is currently evaluating new projects in the MENA region worth €12 billion ($14.7 billion) – nearly $5 billion of which is dedicated to the UAE.