Page 83 - 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
The UAE has a unique presence in the global investment landscape, with a

total of the UAE’s investments aboard being estimated at USD 2.5 trillion

as of early 2024 and the country’s FDI balance at the end of 2023 rising to
nearly USD 225 billion, a 15.8 per cent increase over 2022. The company

insured AED 14 billion worth of trade and non-oil investments in total in

2023, covering 3.1 per cent of the nation's non-oil exports.

As a member of the World Bank Group, MIGA guarantees investment

against non-commercial risks for nationals of its member states, who

support and invest in developing countries and emerging economies. It
houses the World Bank Group Guarantees platform.

About World Bank Group Guarantees

Initiated in 2024, World Bank Group Guarantees consolidates all guarantee
products and experts from across the World Bank Group institutions at

MIGA. It provides a simplified and comprehensive menu of guarantee

solutions, enabling clients to select the instrument that best suits their

needs. The platform streamlines processes, removes redundancies, and

provides greater accessibility by de-risking investments in developing
countries. Its goal is to boost the WBG’s annual guarantee issuance to $20

billion by 2030.

For more information about the guarantee platform, please visit:

https://www.worldbank.org/wbgguarantees

Stay updated and follow us at https://twitter.com/MIGA and

https://www.linkedin.com/company/wb-miga

Contact:

In Washington: Elizabeth Howton, (202) 458-5922 or

ehowton@worldbankgroup.org

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