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11/6/24, 11:20 AM Etihad Credit Insurance signs two MoUs with Saudi Exim Bank, Credit Oman
Etihad Credit Insurance signs two MoUs with Saudi Exim Bank,
Credit Oman
WAM
17 Oct 2024, 20:31 GMT+10
HAMBURG, 17th October, 2024 (WAM) -- Etihad Credit Insurance (ECI) signed two Memorandums of Understanding with S
The MoUs seek to strengthen regional partnerships and collaboration in a number of areas related to insurance and risk ma
insurance against individual buyer risks.
The cooperation also extends to supply risks, exports financing, debt sales, SME financing, confirmation of letters of credit,
In this regard, Raja Al Mazroui, CEO of ECI, highlighted how the new partnerships with Saudi EXIM Bank and Credit Oman
She noted that these agreements represent ECI's commitment to fortify collaboration and establish alliances with leading re
solidifies the UAE's position as a vital hub for global trade and investment.
Raja Al Mazroui added, "We are committed to developing cooperation and partnerships with our counterparts in the GCC c
re-export companies based in the UAE."
Saad bin Abdulaziz Al-Khalb, CEO of Saudi EXIM Bank, said, "Through this MoU, we seek to open promising trade and inv
commercial projects in a way that benefits economic growth on both sides."
Sheikh Khalil bin Ahmed Al-Harthy, CEO of Credit Oman, stated, "The latest MoU with Etihad Credit Insurance demonstrate
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