Page 53 - ECI PR REPORT - MAY 2025

5/28/25, 9:23 AM During a recent media briefing organised by the company Etihad Credit Insurance achieves AED 16.2 billion in insured turnover wit…
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During a recent media briefing organised by the company
Etihad Credit Insurance achieves AED 16.2 billion in WEEKLY NOTIFICATION
insured turnover with a 15.7% growth in more than 100
countries across 17 strategic sectors
May 27, 2025 BULLETIN’S ARCHIVE

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AMERICAN UNIVERSITY OF BEIRUT

AMERICAN UNIVERSITY OF SHARJAH
(AUS)
AUB AUBMC BANK AUDI

BLOM BANK BREITLING
H.E. Abdulla Bin Touq Al Marri:
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Under the directives of its wise leadership, the UAE has adopted innovative strategies to enhance economic diversification, and
Etihad Credit Insurance (ECI) plays a vital role in supporting this CORONA VIRUS (COVID-19)
Etihad Credit Insurance’s results reflect the success of our efforts to enhance the global competitiveness of local companies and
consolidate the UAE’s economic position regionally and globally COVID-19 CORONA ELIE SAAB
We are keen to expand the scope of the company’s credit guarantees to include a number of major deals in the infrastructure and
energy sectors in African markets EMIRATES ERICSSON
The company’s gross exposure increased to AED 11 billion, exceeding its 2023 levels by 14.58%
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UAE, May 27, 2025: Etihad Credit Insurance (ECI), the UAE federal export credit company, has revealed a
GLOBAL VILLAGE GLOBEMED
remarkable year of growth and strategic achievement in its 2024 Annual Report, with insured turnover reaching
AED 16.2 billion – reflecting a 15.7% year-on-year increase and accounting for 2.85% of the UAE’s total non-oil GROHE HUAWEI
exports. This was announced during a media briefing led by H.E. Raja Al Mazrouei, Chief Executive Officer of
ECI, and other senior officials from the company. HYUNDAI KANDIMA MALDIVES

These figures underscore ECI’s deepened contribution to supporting and safeguarding UAE-based exporters and KIA KIA CORPORATION
investors through strategic credit solutions in over 100 countries and 17 strategic sectors. In 2024, the UAE’s non- LAU MEDICAL CENTER RIZK HOSPITAL
oil foreign trade surged to AED 3 trillion, marking a 14.6 percent increase over the previous year. ECI’s
contribution plays a vital role in advancing the nation’s goal of achieving AED 800 billion in the country’s non-oil LG LG ELECTRONICS
exports by the next decade, in line with ‘We the UAE 2031’ economic goals. Since its inception, the company has
MASERATI MASTERCARD
facilitated over AED 21 billion in cumulative export trade and investment, resulting in booked Gross Written
Premium (GWP) of AED 447 million, reflecting strong portfolio growth and a high retention rate. NISSAN PRCA MENA
H.E. Abdulla Bin Touq Al Marri, Minister of Economy and Chairman of ECI Board of Directors, said: RALPH & RUSSO RAMADAN
“Guided by the unwavering support and directives of our wise leadership, the UAE has made remarkable strides
in building a resilient, innovative, and knowledge-based economy. At the heart of this transformation is economic REBIRTH BEIRUT SALESFORCE
diversification, with non-oil industries, exports, re-exports, and non-oil foreign trade playing a central role in SAMSUNG SAP
shaping our future aligned with the ‘We the UAE 2031’ vision. Today, non-oil sectors contribute 74.6% to the STARZPLAY
UAE’s GDP—underscoring their growing role in shaping the country’s economic future. Etihad Credit Insurance
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