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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
empowering local companies by offering credit solutions, financing options, and risk
management services, which will enable them to expand into global markets.”
The growth of non-oil exports from Abu Dhabi signifies the Emirate’s growing stature as a
leading incubator for businesses, offering an environment conducive to the growth of diverse
commercial ventures and business activities. Moreover, Abu Dhabi’s eminence as an ideal
destination for foreign investments in the industrial and production sectors, reflects the
Emirate’s pioneering position in the global trade landscape and its position as an international
hub for transforming talent and innovative ideas into successful enterprises. This remarkable
development is a result of strategic initiatives implemented by the Emirate to boost investment
inflows, deliver world-class infrastructure, and establish supportive regulatory frameworks to
facilitate the expansion of companies and the growth of exports and international trade.
Strategic alliances between public and private sectors have also laid a robust foundation to
ensure sustained growth of non-oil foreign trade both within the Emirate and the broader
national economy.
The ‘Xport Xponential’ strategic program, introduced by the ECI, aims to support UAE-based
companies that undertake export, by offering an array of cutting-edge financial and credit
solutions. It also facilitates access to an extensive network of partners, and local and
international importers, along with an expansive database encompassing over 300 million
global enterprises.
WAM
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