Page 91 - ECI PR REPORT - NOVEMBER 2025
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11/12/25, 8:27 AM ECI signs MoU with Chad to strengthen trade, economic cooperation
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ECI signs MoU with Chad to strengthen trade, economic cooperation
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ABU DHABI, 11th November, 2025 (WAM) -- Etihad Credit Insurance (ECI) has signed a Memorandum of
Understanding (MoU) with the Republic of Chad to enhance bilateral economic and trade cooperation between the
UAE and Chad.
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The signing took place during the UAE-Chad Trade and Investment Forum in Abu Dhabi, which convened senior
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officials and government leaders from both countries, including Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of
Foreign Trade. -50%
The agreement was signed by Raja Al Mazrouei, Chief Executive Officer of ECI, and Tahir Hamid Nguilin, Minister
of Finance, Budget, Economy, Planning and International Cooperation of the Republic of Chad.
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
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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," Al Zeyoudi added.
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