Page 56 - ETIHAD CREDIT INSURANCE PR REPORT - OCTOBER 2024

11/6/24, 11:22 AM Saudi Exim Bank And Credit Oman Sign Two Memorandums Of Understanding With Etihad Credit Insurance

Wednesday, November 6, 2024
Saudi Exim Bank and Credit Oman sign Two Memorandums of Understa
with Etihad Credit Insurance

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While attending the Berne Union’s Annual General Meeting in Hamburg, Germany, Etihad Credit Insurance (E
Memorandums of Understanding with Credit Oman and Saudi EXIM Bank.
The MoUs aim to improve regional cooperation and collaboration in several risk management and insurance
includes trade credit insurance (both conventional and Murabaha), which o ers UAE exporters protec
individual buyer risks and commercial and non-commercial hazards.
Additionally, supply concerns, export nancing, debt sales, SME nancing, letter of credit con rmation, a
nance are all covered by the collaboration.

According to her, these agreements show ECI’s dedication to strengthening partnerships and forming allian
regional credit institutions. This strengthens the UAE’s standing as a key hub for international trade and
promotes trust in the local export system, and helps bring Emirati-made goods to a wider range of foreign mar
We are dedicated to fostering collaboration and partnerships with our counterparts in the GCC countries, p
trade credit insurance, export nancing, and risk management,” Raja Al Mazroui continued. We aim to promot
export and re-export businesses by o ering a secure and adaptable investment environment.
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Last Updated: October 17, 2024

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