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9/17/24, 10:28 AM Etihad Credit Insurance achieves Dhs 1.4 billion in credit coverage in Abu Dhabi over first eight months of 2024 - GulfToday
Etihad Credit Insurance achieves
Dhs 1.4 billion in credit coverage
in Abu Dhabi over first eight
months of 2024
15 hours ago
Photo used for illustrative purpose.
Etihad Credit Insurance (ECI), the UAE Federal export credit company, recorded a
remarkable eight percent annual increase in its credit coverage within the Emirate of Abu
Dhabi, reaching a total of Dhs 1.4 billion in the first eight months of 2024.
The financial services industry continues to lead in securing ECI’s credit support in Abu Dhabi,
accounting for 50.6 percent of the total coverage. This was followed by the F&B sector,
metals, paper manufacturing, packaging, and electronics and cables industries, accounting
for 14 percent, 10.5 per cent, 10.4 percent, 6.6 percent, and 2.6 percent, respectively. During
this period, ECI also witnessed a 24 percent rise in the issuance of insurance documents
within the emirate.
https://www.gulftoday.ae/business/2024/09/16/etihad-credit-insurance-achieves-dhs-14-billion-in-credit-coverage-in-abu-dhabi 1/3
