Page 12 - ECI PR REPORT JANUARY 2025

Press Release

Etihad Credit Insurance receives AA- rating with stable

outlook from Fitch Ratings for seventh consecutive year

H.E. Abdullah bin Touq: “Under the guidance of its wise leadership, the UAE has

evolved into a strong and diversified economy. ECI’s favourable ratings from Fitch

thereby enhance business confidence in the national economy. With this new

accomplishment, the UAE also solidifies its position as a global centre for trade and

business, reflecting our country's efforts to create a competitive environment for

exporters and importers.”

January 30, 2025 - Etihad Credit Insurance (ECI), the UAE’s Federal Export Credit

company, has secured an Insurer Financial Strength (IFS) Rating of 'AA-' (Very Strong)

and Long-Term Issuer Default Rating (IDR) of 'AA-' with Stable Outlooks from Fitch
Ratings, a leading provider of credit ratings, commentary, and research for global capital

markets.

This prestigious rating underscores ECI’s pivotal role in accelerating the UAE’s economic

diversification and reinforcing its global trade leadership. It also aligns with the Long-Term
IDR of the United Arab Emirates (UAE; AA-/Stable), reflecting the UAE’s robust

economic policies and strategic initiatives to foster a dynamic, future-ready economy.

H.E. Abdulla bin Touq Al Marri, Minister of Economy and Chairman of the Board
of Directors of Etihad Credit Insurance, affirmed that the UAE, driven by the guidance

of its wise leadership, has grown into a strong economy that relies on diverse resources and

is capable of adapting to global changes. According to H.E., the nation has adopted flexible
and proactive economic policies and strategies, that have been instrumental in promoting

the competitiveness of national products in foreign markets, encouraging economic

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