Page 207 - KHALIFA FUND PR REPORT JUNE 2025
P. 207

6/30/25, 9:09 AM                     Etihad Credit Insurance achieves $4.41bln in insured turnover with 15.7% growth













































        FILE PHOTO: A money exchange vendor counts United Arab Emirates dirhams at his shop in Beirut, December 6, 2016. Picture taken December 6, 2016.
        REUTERS/Mohamed Azakir/File Photo
        Reuters


        Etihad Credit Insurance achieves $4.41bln in insured turnover with 15.7%
        growth

        ECI’s contribution plays a vital role in advancing the nation’s goal of achieving AED800 billion in the country’s non-
        oil exports by the next decade
        Staff Writer, WAM (Emirates News Agency)



        May 27, 2025






        Etihad Credit Insurance (ECI), the UAE federal export credit company, has revealed a remarkable year of growth and strategic
        achievement in its 2024 Annual Report, with insured turnover reaching AED16.2 billion - reflecting a 15.7 percent year-on-year
        increase and accounting for 2.85 percent of the UAE’s total non-oil exports.

        This was announced during a media briefing led by Raja Al Mazrouei, Chief Executive Officer of ECI, and other senior officials from
        the company.

        These figures underscore ECI’s deepened contribution to supporting and safeguarding UAE-based exporters and investors
        through strategic credit solutions in over 100 countries and 17 strategic sectors. In 2024, the UAE’s non-oil foreign trade surged to
        AED 3 trillion, marking a 14.6 percent increase over the previous year.

      https://www.zawya.com/en/business/banking-and-insurance/etihad-credit-insurance-achieves-441bln-in-insured-turnover-with-157-growth-vb4b35bo  1/3
   202   203   204   205   206   207   208   209   210   211   212