Page 26 - ECI PR REPORT - NOVEMBER 2024

11/27/24, 8:59 AM ECI, Free Zones Authority of Ajman sign MoU
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ECI, Free Zones Authority of Ajman sign MoU for insurance solutions, financing opportunities
ECI and Free Zones Authority of Ajman will strengthen and enhance their partnership in
several insurance and risk management areas

The MoU is a milestone in ECI’s relentless efforts to fortify its strategic alliances
Published: Tue 26 Nov 2024, 7:22 PM
Etihad Credit Insurance (ECI), the UAE’s 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 organize 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.

Read: Etihad Credit Insurance sees $381.2 million in credit coverage in Abu Dhabi in first eight
months of 2024
Supporting exporters
“We are pleased to sign the MoU with Free Zones Authority of Ajman as it showcases our
dedication to enhancing trade and investment opportunities in the UAE and the region. This
collaboration will enable us to provide consistent support to exporters in the UAE through
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