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2/3/25, 3:28 PM Etihad Credit Insurance receives AA- rating with stable outlook from Fitch Ratings
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.
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Praising ECI's high credit rating, Bin Touq said, “ECI’s favourable rating from Fitch ratings
demonstrates the confidence of business communities in the national economy, and
promotes its reputation regionally and globally, thereby consolidating the country’s position
as a leading hub for business and trade. In keeping with the ‘We the UAE 2031’ initiative,
which aims to increase the country's GDP to AED 3 trillion by the next decade and increase
non-oil exports to AED 800 billion, the latest milestone highlights our national efforts to
strengthen the company's crucial role in creating a competitive environment for exporters
and importers, while helping increase the momentum of export and re-export activities of
UAE-based companies.”
Many factors have contributed to ECI's latest milestone, including government support,
especially as the UAE's federal export credit agency, coupled with its capital strength and the
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