Page 57 - ECI PR REPORT - MAY 2025

5/28/25, 9:23 AM Etihad Credit Insurance Achieves AED16.2 Billion In Insured Turnover With 15.7% Growth - UrduPoint
Bin Touq further noted that ECI has extended credit guarantees to cover several major infrastructure and energy
deals in African markets, including Angola and Senegal, in line with the UAE’s strategic efforts to foster sustainable
global partnerships and drive inclusive economic development. “In 2024, ECI provided targeted trade and investment
insurance solutions to projects that advance clean energy, food security, critical infrastructure,
and water sustainability. These efforts reflect our growing role in shaping a trade and export ecosystem that delivers
long-term economic value while addressing urgent global challenges such as climate change and social equity,” he
elaborated.

The report stated that the company has witnessed a gross exposure of AED 11 billion - a 14.58 percent increase over
2023. This growth was supported by a diverse portfolio, with over 60 percent of beneficiaries comprising small and
medium-sized enterprises (SMEs).

The report highlighted that ECI secured AA- international rating by Fitch for the sixth consecutive year, reflecting on
the company’s ability to mitigate potential risks and reiterate its strong presence in global markets.

Raja Al Mazrouei said, “We are committed to supporting the UAE’s accelerated drive toward economic resilience and
long-term sustainability. By offering innovative credit solutions, streamlined access to financing, and forging high-
impact strategic partnerships, we empower UAE exporters, particularly SMEs, to unlock new opportunities and scale
globally with confidence in an increasingly competitive world.

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This is reflected in ECI’s strong performance in 2024, which not only underscores its pivotal role in enabling the
national export competitiveness but also its commitment to empowering businesses with the tools and confidence to
expand into new global markets. A key milestone for us in 2024 was the launch of Xport Xponential, a comprehensive
program designed to support UAE-based companies. This new strategic initiative aligns with our commitment to
increasing ECI’s contribution to the non-oil GDP by 7-fold by 2031.”

Al Mazrouei also reaffirmed ECI’s dedication to clean and green energy initiatives in line with the UAE’s sustainability
commitments and United Nations Sustainable Development Goals (SDGs). “The Africa Green Investment Initiative
(AGII) led by the UAE and announced at the Africa Climate Summit, held in Nairobi in September 2023, is a
multistakeholder partnership that employs an innovative approach to climate finance, combining the resources,
expertise, and local knowledge of the following partners: Abu Dhabi Fund for Development; Masdar; AMEA
Power; Africa 50; and Etihad Credit Insurance. AGII aims to deploy $4.5 billion in African renewable energy capacity
by the end of the decade.

"This initiative represents one of the most comprehensive efforts to drive climate action and decarbonization in
emerging economies and least developed countries to date and builds on the UAE's long-standing commitment to
international cooperation and sustainable socio-economic development."

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