"ADNOC" It provides smart financing solutions to its suppliers and small and medium-sized companies in the Emirates in cooperation with "Comera Financial Holdings"

Abu Dhabi, 6 November / WAM / ADNOC announced, during the ADIPEC 2025 exhibition and conference, the signing of a strategic partnership with Coomera Financial Holding Company to accelerate access to financing for both small and medium-sized companies and local suppliers contracted with ADNOC.

Through this cooperation, a program will be launched that enables small and medium-sized companies and suppliers to access working capital more efficiently and execute purchase orders from ADNOC faster.

This step confirms ADNOC’s firm commitment to supporting local companies, and contributing to enhancing efforts to diversify the national economy, by providing practical solutions that enable small and medium-sized companies to grow and compete at the global level by enhancing access to liquidity, and supporting the growth and development of the operational processes of suppliers and small and medium-sized companies in a sustainable manner.

On this occasion, Khalid Al Zaabi, Chief Financial Officer of ADNOC Group, said: “This partnership between ADNOC and Coomera Financial Holding provides one of the best financing solutions that will enable small and medium-sized companies to make the most of working capital by obtaining immediate financing guaranteed by purchase orders. This step will enhance liquidity and flexibility, accelerate business growth, and also confirm ADNOC’s firm commitment to contribute to supporting economic diversification efforts by empowering the small and medium enterprises system and enhancing the flexibility of supply chains. Locally, and contribute to achieving significant additional value for the UAE.”

Akhtar Saeed Hashmi, Managing Director and CEO of Coomera Financial Group, said: “Our partnership with ADNOC represents a paradigm shift in the way supply chain financing is done in the region. As part of the Royal Group in Abu Dhabi, Coomera Money brings the strength, scale and vision needed to deliver world-class financial innovations. By providing suppliers with access to capital in a more efficient and easy way, we open new horizons for them to accelerate their business and enhance their capabilities. And enabling them to innovate with confidence. In cooperation with ADNOC, we are building a new model of empowerment that will set new standards for financing supply chains, in the UAE and in global markets as well.”

Under this partnership, ADNOC and Coomera Financial Holding will cooperate to develop a smart and automated platform that directly connects small and medium-sized companies with suppliers who have contracts from ADNOC, and financiers.

It is worth noting that the partnership between ADNOC and Coomera Financial Holding contributes to supporting industrial and economic growth in the UAE, and also expands the benefits of the ADNOC program to enhance national content, which continues to support the growth of the local manufacturing sector, create more job opportunities, and enhance the competitiveness of the private sector.

• For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and