Page 225 - ETIHAD CREDIT INSURANCE PR REPORT - MAY 2024 (International)
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6/4/24, 4:39 PM                         Honor for the past, help for the present, hope for the future | Farmville






                                                                  Etihad Credit


                                                                  Insurance records


                                                                  21-fold growth in



                                                                  gross exposure


                                                                  by end of 2023 to


                                                                  reach AED 9.6



                                                                  billion in 5 years




                                                                  24-7 Press Release Newswire     Thursday,
                                                                                                  May
                                                                                                  23,
                                                                                                  2024
                                                                                                  at
                                                                                                  11:00am
                                                                                                  GMT+4








            DUBAI, UAE, May 23, 2024 /24-7PressRelease/ -- Etihad Credit Insurance (ECI), the UAE
            Federal export credit company, unveiled its growth trajectory in its annual report for 2023.

            With a gross exposure of AED 9.6 billion, ECI experienced a 21-fold increase compared to
            2019.



            H.E. Abdulla Bin Touq Al Marri, Minister of Economy and Chairman of ECI Board of

            Directors, said: "Under the guidance of our wise leadership, the UAE achieved regional and
            international success, becoming a leading hub for trade and investment. Emphasising emerging

            industries and SMEs, we are diversifying our economy according to the 'We the UAE 2031'
            vision. ECI's financial and strategic support contributes to the 2030 Agenda for Sustainable
            Development."



            H.E. Raja Al Mazrouei, Chief Executive Officer of ECI, said: "We provide innovative credit



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