Page 501 - MOE ENGLISH PR - MAY 2024
P. 501
5/27/24, 4:19 PM ECI records 21-fold growth in gross exposure by end-2023 to reach AED9.6 billion in 5 years | Emirates News Agency
solutions, facilitating easy access to finance, offering
expert market insights, and nurturing strategic
collaborations in line with our vision and mission to
foster sustainable and secure non-oil trade for the UAE’s
economy. We empower UAE businesses to confidently
participate in global trade, driving towards a robust and
well-diversified economy. Leveraging our innovative
approach and meticulously crafted 2023 business plans,
ECI has emerged as a beacon of stability for UAE
enterprises. We have seen a significant increase in the
demand for our services, with a remarkable surge in
insured trade and investment transactions. Our
dedication to protecting the interests of UAE exporters
is evident in the numbers, with a 25 percent increase in
policies issued compared to 2022.”
Al Mazrouei added, “As we continue to adapt and grow,
expanding ECI’s services to strengthen national exports
stands as our primary objective, marking a significant
leap forward in our capabilities and outreach. This new
strategic phase aims to double the growth rate of UAE
exports through ECI and increase our contribution to
the non-oil GDP by 7-fold by 2031.”
https://wam.ae/en/article/b3a4qsw-eci-records-21-fold-growth-gross-exposure-end-2023 4/7