Page 15 - ETIHAD CREDIT INSURANCE PR REPORT - FEBRUARY 2025

stimulating economic growth and reinforcing the UAE’s leading position as a global
financial hub and a primary investment destination.”

The platform uses norbloc’s Fides solution to improve customer experiences by
leveraging innovative blockchain technology to offer access to accurate and reliable
information for banks and other financial institutions. Joining the platform ensures an
expedited account opening process, streamlined financial and digital services, seamless
consent-driven customer data transfer, and confidentiality of customer data.

With the goal of facilitating efficient data exchange in the emirate, the Dubai
Department of Economy and Tourism (DET) launched the KYC Blockchain Platform
in 2020, in collaboration with a group of founding member banks.

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For further information, please contact:

Orient Planet Group (OPG)
Tel: +971 4 4562888
Email: media@orientplanet.com
Website: www.orientplanet.com

About Etihad Credit Insurance (ECI)
Etihad Credit Insurance, UAE’s federal export credit company, offers businesses, financial
institutions and investors innovative solutions that catalyse and consolidate international trade.
The company provides a wide range of solutions and products such as export credit insurance,
risk mitigation insurance, comprehensive market intelligence, export strategy and access to
finance. Established in 2018, ECI has a Fitch Rating of ‘AA-’ and is a member of the widely
acclaimed Berne Union and an affiliate member of the UN Environment Programme – Finance
Initiative’s NZECA.
ECI is dedicated to fostering sustainability and non-oil trade to support the resilience and
diversification of the UAE economy, while empowering businesses to conduct seamless global
trade by providing robust credit solutions and expert market insights. Guided by the core
organisational values of protection, customer-centricity, integrity, collaboration, global
competitiveness, innovation, and sustainability, ECI remains committed to ensuring client
success.
Visit: www.eci.gov.ae/

About Dubai Department of Economy and Tourism (DET)

With the ultimate vision of making Dubai the world’s leading commercial centre, investment
hub and tourism destination, Dubai Department of Economy and Tourism (DET) is mandated
to support the Government in positioning the emirate as a major hub for global economy and
tourism, and in boosting the city’s economic and tourism competitiveness indicators, in line
with the goals of the Dubai Economic Agenda, D33, which aims to double the size of the
emirate’s economy and consolidate its position among the top three global cities over the next
decade. Under this remit, DET is driving efforts to further enhance Dubai’s diversified,
innovative service-based economy to attract top global talent, deliver a world-class business
environment and accelerate productivity growth. Additionally, DET is supporting Dubai’s
vision to become the world’s best city to visit, live and work in by promoting its diverse
destination proposition, unique lifestyle and outstanding quality of life, overall. DET is the