Page 82 - ETIHAD CREDIT INSURANCE PR REPORT - MAY 2024 (International)
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6/4/24, 4:27 PM Etihad Credit Insurance records 21-fold growth in gross exposure by end of 2023 to reach AED 9.6 billion in 5 years | Financial New…
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 solutions, easy
financial access, expert market insights, and nurture
strategic collaborations. Our dedication to UAE
exporters is reflected by the 25 per cent increase in
policies issued. Our primary aim is to expand ECI's
services to strengthen national exports."
ECI's supported UAE exporters across 17 sectors in
110 countries, amounting to a non-oil trade and
investment of AED 14 billion in 2023. This was
facilitated by 21 agreements with government export
credit agencies.
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