Page 77 - ETIHAD CREDIT INSURANCE PR REPORT - SEPTEMBER 2024

Etihad Credit Insurance signs

financing deal to support

Trafigura's exports from UAE

WAM
18th September 2024, 21:35 GMT+10

ABU DHABI, 18th September, 2024 (WAM) -- 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 commitment
remains focused on creating lasting economic value for our country while enabling our
companies to compete and thrive on the world stage."
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

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