Page 316 - MOE ENGLISH PR REPORT - FEBRUARY 2024

3/4/24, 4:33 PM PRESSR: Fitch reaffirms ECI’s ratings at 'AA-' with a stable outlook for the sixth consecutive year — TradingView News
This recognition from Fitch Ratings validates ECI's strategic direction

and operational resilience, setting a positive trajectory for

continued contributions to the UAE's economic prosperity and the

broader vision of establishing a diversified, resilient, and globally

integrated economy.

“The 'AA-' rating, Fitch Ratings, for the sixth consecutive year, is

more than just an honor; it reflects ECI's stable foundation, strategic

objectives, and the significant role we play in supporting the UAE's

strategy for economic progress,” remarked Raja Al Mazrouei, the

CEO of ECI. “Since 2018, we've reached key milestones, including

expanding our portfolio and enhancing our reinsurance agreements,

all of which improve the UAE's export competitiveness. This grade

underscores our commitment to excellence as we continue to

develop and deliver robust trade financing solutions that enable UAE

businesses to succeed on a global scale."

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© Press Release 2024

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