Page 64 - ETIHAD CREDIT INSURANCE PR REPORT - SEPTEMBER 2024

9/19/24, 9:41 AM Etihad Credit Insurance, in collaboration with Abu Dhabi Exports Office - Middle East News 247

Etihad Credit Insurance, in collaboration with Abu

Dhabi Exports Office

By News Desk 1 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 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 commitment
remains focused on creating lasting economic value for our country while enabling our companies to
compete and thrive on the world stage.”

H.E. Raja Al Mazrouei, CEO of Etihad Credit Insurance, stated, “It gives us great pleasure to facilitate this
strategic alliance between Abu Dhabi Exports Office (ADEX), First Abu Dhabi Bank (FAB), and Natixis CIB to

support Trafigura. This collaboration exemplifies the UAE’s stable investment climate and effective focus on

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