Page 116 - ETIHAD CREDIT INSURANCE PR REPORT - OCTOBER 2024
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10/30/24, 5:21 PM PRESSR: Etihad Credit Insurance participates in Future Food Forum 2024 as official sponsor and export acceleration partner — T…
for addressing challenges in the food sector in light of climate change,
open up new opportunities for the global food scene, and facilitate the
development of a flexible and sustainable food ecosystem across the
region.
“Our participation in the Future Food Forum 2024 reflects ECI's
commitment to support the F&B sector, one of the leading sectors for
which ECI offers credit support. Over 20 businesses from these industries
have benefitted from our credit support services as of 2024. ECI’s total
credit coverage for the third quarter of this year was approximately AED 8
billion, while total amount of insured returns was AED 2.6 billion,” Her
Excellency said.
Her Excellency further added: “At ECI, we believe in the importance of
aligning strategies to empower the food sector and promote food products
that of Emirati-origin on the one hand, and market trends and consumer
requirements on the other hand, in parallel with exploring growth
opportunities and developing partnerships in a way that supports the
growth of the sector, enhances food security and contributes to increasing
the diversification of the national economy.”
This year's forum attracted a large number of influential figures from the
food and beverage industry, with more than 750 senior executives and
more than 250 global companies, in addition to over 60 speakers from
more than 70 countries, who shared their valuable insights in developing
the sector.
The forum's three main themes – ‘Future Food,’ ‘Future Government,’ and
‘Future Consumer’ – have reflected how closely the future of the industry
is tied to the dynamics of consumer behaviour, governmental policies, and
the fundamentals of commodities produced.
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