Page 46 - ETIHAD CREDIT INSURANCE PR REPORT - OCTOBER 2024

11/6/24, 11:20 AM Etihad Credit Insurance MoU with Saudi EXIM and Credit Oman
insurance against commercial and non-commercial risks, along with insurance

against individual buyer risks.

The cooperation also extends to supply risks, exports financing, debt sales, SME

financing, confirmation of letters of credit, and corporate finance.

In this regard, Raja Al Mazrouei, CEO of ECI, highlighted how the new

partnerships with Saudi EXIM Bank and Credit Oman represent a leap forward in

developing the export credit system and enhancing the prospects of foreign trade

and investment.

Al Mazrouei noted that these agreements represent ECI’s commitment to fortify

collaboration and establish alliances with leading regional institutions in credit

sectors. This, in turn, fosters confidence in the local export system, helps

introduce products of Emirati origin to a broader range of international markets,

and solidifies the UAE’s position as a vital hub for global trade and investment.

“We are committed to developing cooperation

and partnerships with our counterparts in the

GCC countries, especially in the areas of trade

credit insurance, export financing, and risk

management. Our goal is to provide a safe and Raja Al Mazrouei
CEO – ECI
flexible investment environment that supports

export and re-export companies based in the UAE.”

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