Page 242 - MOE ENGLISH PR REPORT - JUNE 2024

The Agreement demonstrates Etihad Credit Insurance's steadfast dedication to
enhancing cooperation with export credit agencies. Over the past few years,
Etihad Credit Insurance has successfully formed around 21 cooperation
agreements with government export credit agencies across the globe. This move
further helps to broaden the ECI’s network of collaborations, which is a crucial
component of the recently introduced strategic initiative ‘Xport Xponential’. This
initiative aims to support the growth of UAE exports and increase the diversity of
the national economy while also promoting its sustainability.

EGAP is a specialised state-owned credit insurance company that focuses on the
insurance of non-marketable commercial risks associated with exports of goods
and services from the Czech Republic.

The company’s primary focus lies in providing bank loans with a maturity of more
than two years in order to finance the export of energy, machinery, technological
systems, investment projects and transport constructions.

https://www.msn.com/en-ae/news/other/uae-enjoys-growing-and-developing-economic-
relations-with-czech-republic-minister-of-economy/ar-BB1oMHVZ