Page 82 - ETIHAD CREDIT INSURANCE PR REPORT - OCTOBER 2024

10/31/24, 11:40 AM PRESSR: ECI and MIGA sign agreement to boost cooperation in FDI activities — TradingView News
H.E. Raja Al Mazrouei, CEO of Etihad Credit Insurance, reiterated the

company’s commitment to strengthen its strategic ties, develop

cooperations and exchange experiences with key international institutions
and agencies in the fields of insurance, credit and guarantees. This comes

in line with the company’s belief in the significance of efforts in boosting

the resilience and sustainability of the national economy and consolidating

the UAE’s reputation in the export, investment and foreign trade sectors,

in line with the national goals of vision ‘We the UAE 2031.’
Furthermore, H.E. Al Mazrouei emphasised that the ECI’s partnership with

MIGA signifies both parties’ common interest in fostering bilateral

cooperation to support FDIs and the expansion of insurance and

reinsurance activities. It fosters new opportunities for investment projects

and activities and helps in the promotion of trade flows, investment and
export and re-export activities in both the regional and global markets.

H.E. Al Mazrouei said: “This collaboration agreement with MIGA marks a
significant stride in the company’s growth trajectory, providing new

opportunities for initiating joint investment projects based on the

expertise and potential of both parties. With this mutual cooperation, we

aim to provide a broader spectrum of clients with cutting-edge insurance

and investment solutions, enabling them to move ahead confidently with
the development and expansion of their projects and activities and to

fortify their market position. Furthermore, the agreement stands out

considering the UAE’s strong reputation as an ideal hub for global

investment, with the country being ranked second globally for FDI inflows

in 2023.”

Hiroshi Matano, Executive Vice President of MIGA, stated: “The agreement

with ECI showcases our commitment to expand partnerships to offer a wide
range of services to attract foreign direct investment in emerging markets

and developing countries. We hope to co-create innovative financial

solutions to address private sector needs in our member countries.”

https://www.tradingview.com/news/reuters.com,2024-10-16:newsml_Zawy55q5:0-pressr-eci-and-miga-sign-agreement-to-boost-cooperation-in-fdi-acti… 2/3