SACE agrees to over 1 billion Euro line of credit for UAE

(ANSAmed, Rome, 20 October 2015) New export opportunities in the United Arab Emirates for Italian companies after the agreements signed by SACE with the Dubai Aviation City Corporation (DACC) and Abu Dhabi Ports, on the occasion of the Emirati National Day at the EXPO. The accord with DACC, said SACE, is intended to support export and investments by Italian companies involved in the Dubai South project, an area of 145 square kilometers which will host the new international Al Maktoum airport and EXPO Dubai 2020. After the accord, SACE opened a one billion Euro line of credit for DACC for the purchase of goods and services by Italian companies.