Page 110 - ETIHAD CREDIT INSURANCE PR REPORT - MAY 2024

UAE: Etihad Credit Insurance records 21-fold growth

in gross exposure in 5 years

Story by A Staff Reporter
• 1w • 2 min read

UAE: Etihad Credit Insurance records 21-fold growth in gross exposure in 5 years© Provided by Khaleej Times

Etihad Credit Insurance (ECI), the UAE Federal export credit company, on Wednesday said it
has a gross exposure of Dh9.6 billion by the end of 2023, which is a staggering 21-fold increase
as compared to 2019.

“With an emphasis on emerging industries and SMEs, we will continue to broaden and diversify
our economy according to the ‘We the UAE 2031’ vision, which aims to 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,” said Abdulla Bin Touq Al Marri, minister of economy and chairman of ECI.

“Etihad Credit Insurance has significantly contributed to advancing this national vision by
fostering the expansion of domestic trade and enterprises and facilitating crucial economic

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