Page 61 - ETIHAD CREDIT INSURANCE PR REPORT - SEPTEMBER 2024
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9/19/24, 9:41 AM Latest News
Etihad Credit Insurance, in collaboration with Abu
Dhabi Exports Office, First Abu Dhabi Bank and
Natixis sign first-of-a-kind financing deal to
support Trafigura’s exports from the UAE
18/09/2024
September 18, 2024 - 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.
H.E. 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
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