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Gerald Group secures a US$50 million ECI-backed finance facility with Abu Dhabi Commercial Bank to support UAE metals trade.
PRIVATEJul 13, 2026•about 1 month ago
Amount Raised
$50 Million
Round Type
Venture - Series Unknown
Description
Gerald Group announced the closing of a US$50 million finance facility backed by Etihad Credit Insurance, with Abu Dhabi Commercial Bank as the lender. This marks the Group's first ECI-supported financing, aimed at diversifying funding sources. The facility will enhance trade flows and support the UAE's non-oil export economy. This financing is essential for the Group's growth amidst rising demands in energy transition and industrial sectors.
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