Page 50 - ECI PR REPORT JANUARY 2025

Etihad Credit Insurance receives AA- rating with stable outlook from Fitch Ratings

Etihad Credit Insurance receives AA- rating with stable outlook from Fitch Ratings© Provided by Emirates News Agency (WAM)
DUBAI, 30th January, 2025 (WAM) -- 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.

Abdullah 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 Al Marri, 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 accessibility to the world, building meaningful
partnerships with numerous regional and international markets, and increasing the non-oil
sector's contribution to the national GDP by 75 per cent.

https://www.msn.com/en-ae/news/other/etihad-credit-insurance-receives-aa-rating-with-stable-
outlook-from-fitch-ratings/ar-AA1y7Mzp