Page 26 - ETIHAD CREDIT INSURANCE PR REPORT - SEPTEMBER 2024
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Etihad Credit Insurance signs financing
deal to support Trafigura’s exports from
UAE
• September 20, 2024
• 1:38 pm
UAE : Etihad Credit Insurance (ECI), the UAE Federal export credit company, in
collaboration with Abu Dhabi Exports Office (ADEX), First Abu Dhabi Bank (FAB), and
Natixis Corporate and Investment Banking (Natixis CIB), signed a joint agreement to
support Trafigura, a market leader in the global commodities industry, to expand their
global acquisitions of non-hydrocarbon commodities originating from the UAE.
The financing deal was announced during a signing ceremony between ECI and the
relevant parties, which took place recently, at Rixos Marina Hotel, Abu Dhabi.
Mohamed Saif Al Suwaidi, Director General of ADFD and Chairman of the Exports
Executive Committee of ADEX, said, “This collaboration is part of ADEX’s core mission
to empower UAE businesses and enable them to expand their global footprint. Strategic
partnerships between local and international banks – public and private – such as this
one help us increase our national exports and strengthen the UAE’s role as a key player
in international trade, in alignment with the UAE strategies and Visions. Our
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