Page 44 - ETIHAD CREDIT INSURANCE PR REPORT - OCTOBER 2024

11/6/24, 11:20 AM Latest News
million, became the top three insured sectors.
The MoUs stipulate joint participation in conferences, meetings, and related activities, as well as the

organisation of seminars and workshops to highlight the advantages of trade protection solutions against the
risks of non-payment, with an emphasis on suggested solutions. They also specify the submission of a report

on market or country risks to highlight commercial risks associated with international trade activities.
In line with the objectives and pillars of the ‘Saudi Vision 2030,’ which aims to raise the percentage of non-oil

exports to non-oil GDP, Saudi EXIM Bank offers competitively advantageous credit solutions for export
financing, guarantees, and export credit insurance. The bank's goal is to boost Saudi Arabia’s non-oil exports

and increase its competitiveness in global markets across various sectors. By bridging financing gaps and
lowering export risks, the bank aims to empower the Saudi non-oil economy and enable its exports to reach
global markets.

Since its establishment, ‘Credit Oman’ has played a pivotal role in facilitating domestic and export trade,
supporting economic development efforts in the Sultanate of Oman in line with the Oman Vision 2040. It also

provides comprehensive insurance solutions that empower Omani exporters and manufacturers to sell their
products with confidence and security, thereby enhancing the competitiveness of Omani products in both
local and global markets.

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