Page 24 - ECI PR REPORT - NOVEMBER 2024

ECI and Free Zones Authority of Ajman sign

MoU to offer insurance solutions and

financing opportunities

By News Desk 1 27/11/2024

Etihad Credit Insurance (ECI), the UAE Federal export credit company, signed a

memorandum of understanding (MoU) with the Free Zones Authority of Ajman to offer a broad
spectrum of insurance solutions and financing opportunities to exporters in the UAE.
Under the MoU, ECI and Free Zones Authority of Ajman will strengthen and enhance their

partnership in several insurance and risk management areas. This includes trade credit
insurance (conventional and Murabaha), insurance against export credit risks and short-term,
medium-term, or long-term credit risks, along with insurance against individual buyer risks.

Additionally, ECI and Free Zones Authority of Ajman will jointly organise workshops to
promote awareness of these solutions and their benefits, which include protecting businesses

from non-payment risks arising from commercial and political factors. As part of their
collaborative efforts, both parties will also participate in local and international conferences,
events, and activities.

https://menews247.com/eci-and-free-zones-authority-of-ajman-sign-mou-to-offer-insurance-
solutions-and-financing-opportunities/