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11/12/25, 8:26 AM ECI signs MoU with Republic of Chad to strengthen trade and economic cooperation - Middle East Business News and Informatio…
ECI signs MoU with Republic of Chad to
strengthen trade and economic cooperation

November 11, 2025

Abu Dhabi, November, 2025: Etihad Credit Insurance (ECI), the UAE’s federal export credit
company, has signed a Memorandum of Understanding (MOU) with the Republic of Chad to
enhance bilateral economic and trade cooperation between the United Arab Emirates and
the central African country.

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The signing took place during the UAE-Chad Trade and Investment Forum in Abu Dhabi,
which convened senior officials and government leaders from both countries, including H.E.
Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade. The agreement was signed
by H.E. Raja Al Mazrouei, Chief Executive Officer of ECI, and H.E. Tahir Hamid Nguilin,
Minister of Finance, Budget, Economy, Planning and International Cooperation of the
Republic of Chad.

H.E. Dr. Thani bin Ahmed Al Zeyoudi said, “The UAE and the Republic of Chad share a
longstanding relationship built on shared trade and investment ties and a desire for mutual
prosperity. In the first half of 2025, the value of non-oil bilateral trade reached US$2.4
billion, marking a significant increase of 166% over the same period in 2024 – and more
than the US$2 billion we recorded in the whole of 2024. The signing of this agreement
between ECI and the Republic of Chad marks another milestone in our growing partnership,
opening new avenues for economic collaboration across key sectors.”

“This agreement supports the UAE’s strategic vision to diversify its economy and improve
global trade, especially with emerging markets that have substantial potential for future
growth. The steady rise in UAE’s non-oil exports and re-exports across Africa highlights our
success in fostering both trade growth and mutually beneficial partnerships. We are
committed to further strengthening ties with our partners in Africa, driving growth and
prosperity through economic collaboration,” H.E. Al Zeyoudi added.

The MoU establishes a framework for mutual collaboration in trade and investment
promotion, aiming to strengthen economic ties and support the growth of exports and

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