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6/25/24, 1:33 PM Etihad Credit Insurance partners with EGAP | Emirati Times
years, Etihad Credit Insurance has successfully formed around 21
cooperation agreements with government export credit agencies across the
globe.
Image through Etihad Credit Insurance | Cropped by ET
This move further helps to broaden the ECI’s network of collaborations,
which is a crucial component of the recently introduced strategic initiative
‘Xport Xponential.’ This initiative aims to support the growth of UAE exports
and increase the diversity of the national economy while also promoting its
sustainability.
EGAP is a specialized state-owned credit insurance company that focuses
on the insurance of non-marketable commercial risks associated with
exports of goods and services from the Czech Republic.
The company’s primary focus lies in providing bank loans with a maturity of
more than two years to finance the export of energy, machinery,
technological systems, investment projects and transport constructions.
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