Page 55 - ETIHAD CREDIT INSURANCE PR REPORT - OCTOBER 2024

11/6/24, 11:21 AM Etihad Credit Insurance Signs MoUs With Saudi EXIM Bank And Credit Oman - OneArabia

Saad bin Abdulaziz Al-Khalb, CEO of Saudi EXIM Bank, expressed his views on the MoU: "Through this MoU, we seek to

open promising trade and investment horizons between Saudi Arabia and the UAEs." He highlighted the aim to strengthen
the export-import sector and support economic growth through enhanced business opportunities.

Focus on Economic Growth

Sheikh Khalil bin Ahmed Al-Harthy, CEO of Credit Oman, remarked on their latest agreement with ECI: "The latest MoU

with Etihad Credit Insurance demonstrates our commitment to strengthening regional cooperation in the fields of insurance

and risk management." This collaboration is expected to benefit both economies significantly.

The MoUs outline joint participation in conferences and meetings. They also include organising seminars and workshops to
promote trade protection solutions against non-payment risks. Additionally, they involve submitting reports on market or

country risks related to international trade activities.

This strategic move by ECI aims to provide a secure investment environment for UAE-based export companies. By doing
so, it supports both export and re-export activities while enhancing economic ties within the region.

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