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term credit risk insurance, insurance against individual buyer risk, along with supply risk, export
and SME financing, confirmation of letters of credit (LoC), and broader corporate finance solutions.
Raja Al Mazrouei, CEO of Etihad Credit Insurance (ECI), said, "This agreement with the Arab Bank
for Investment and Foreign Trade, reflects our ongoing commitment to fostering bilateral
cooperation. This partnership underscores our focus on sustainable economic development and is
strategically aligned with our efforts to strengthen the UAE's export ecosystem, increase global
market access for UAE-manufactured products and goods, and reinforce the nation's position as a
key hub for international trade and investment."
She highlighted that the joining of Arab Bank for Investment and Foreign Trade in ECI's growing
network of partners represents a valuable addition to its portfolio. And further emphasised ECI's
unwavering commitment to delivering integrated credit and financing solutions that empower UAE-
based businesses and facilitate entry for their products into more regional and international
markets, especially in countries where Comprehensive Economic Partnership Agreements (CEPAs)
have been established through strategic alliances.
Fuad Mohamed, CEO of Arab Bank for Investment and Foreign Trade (Al Masraf), said, "We are
honoured to partner with ECI, led by a vision to strengthen key trade, investment and risk
management solutions, which are crucial for UAE exporters and the wider business community.
This strategic collaboration seamlessly aligns with Al Masraf's long-standing vision to support the
UAE's economic growth, trade diversification and development of key sectors such as real estate."
The MoU also outlines plans for the joint organisation of seminars and workshops to raise
awareness about the benefits of the solutions offered by both entities in safeguarding commercial
activities against commercial and political non-payment risks. Moreover, the agreement includes
joint participation in conferences, events, and other related activities.
https://www.bignewsnetwork.com/news/278549881/eci-arab-bank-for-investment-and-foreign-
trade-sign-mou-to-advance-bilateral-collaboration

