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increase the country's non-oil exports to Dh800 billion and raise the volume of non-oil

foreign trade to Dh4 trillion by the next decade."Ads by

Bin Touq added: "ECI's support has been financial as well as strategic, contributing to

the 2030 Agenda for Sustainable Development through support for non-oil trade while

also ensuring compliance with international standards."

ECI facilitated the expansion of the UAE's non-oil exports, which covered 3.1 per cent of
Dh441 billion in 2023, compared to 1.9 per cent in the previous year.

This growth was supported by a diverse portfolio. Over two-thirds of beneficiaries were

small and medium-sized enterprises (SMEs), while large corporations represented
another 20.9 per cent.

New strategic phase

Raja Al Mazrouei, CEO of ECI, said: "We are committed to providing innovative credit
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. Our dedication to protecting the

interests of UAE exporters is evident in the numbers, with a 25 per cent increase in

policies issued compared to 2022."

Al Mazrouei added: "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."

ECI's global outreach efforts supported UAE exporters across 17 sectors in 110

countries, amounting to non-oil trade and investment of Dh14 billion in 2023. This was

made possible by approximately 21 agreements signed with government export credit

agencies worldwide.

https://gulfnews.com/business/banking/etihad-credit-insurance-achieves-gross-exposure-of-
dh96-billion-in-5-years-1.1716386890248