Page 20 - ETIHAD CREDIT INSURANCE PR REPORT - OCTOBER 2024
P. 20

Press Release




                Etihad Credit Insurance participates in Future Food Forum

                   2024 as official sponsor and Export Acceleration Partner





               UAE, 03 October 2024: Etihad Credit Insurance (ECI), the UAE’s federal export credit company,
                                   th
               participated in the 6   edition of the Future  Food Forum, the largest annual forum  connecting
               stakeholders from the Middle East’s food and beverage sectors, as the official sponsor and Export
               Acceleration Partner. The event was held from October 2 to 3 at Le Meridien, Dubai, in partnership
               with Dubai Chambers,  supported by Food Tech Valley, and sponsored by a  variety of  F&B
               manufacturers in the UAE.

               In line with its guiding theme, ‘Collaboration, Innovation, and Development’, the forum discussed
               regional food security, sustainability, innovation, and protection of consumer health. In addition,
               the participants explored methods for enhancing cooperation between public and private sectors.

               Her Excellency Raja Al Mazroui, CEO of Etihad Credit Insurance (ECI),  stated that the
               company's participation as an official sponsor of the  Future Food  Forum demonstrates its
               commitment to embracing innovation and sustainability. She highlighted that these principles lay
               a solid foundation for addressing challenges in the food sector in light of climate change, open up
               new opportunities  for the global  food scene, and facilitate the development of  a flexible and
               sustainable food ecosystem across the region.


               “Our participation in the Future Food Forum 2024 reflects ECI's commitment to support the F&B
               sector, one of the leading sectors for which ECI offers credit support. Over 20 businesses from
               these industries have benefitted from our credit support services as of 2024. ECI’s total credit
               coverage for the third quarter of this year was approximately AED 8 billion, while total amount of
               insured returns was AED 2.6 billion,” Her Excellency said.


               Her Excellency further added: “At ECI, we believe in the importance of aligning strategies to
               empower the food sector and promote food products that of Emirati-origin on the one hand, and
               market trends and consumer requirements on the other hand, in parallel with exploring growth
               opportunities and developing partnerships in a way that supports the growth of the sector, enhances
               food security and contributes to increasing the diversification of the national economy.”

               This year's forum  attracted  a large number of influential figures from the food and beverage
               industry, with more than 750 senior executives and more than 250 global companies, in addition



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