Etihad Credit Insurance wins ‘Deal of the Year' award
Etihad Credit Insurance (ECI), the UAE's federal export credit company, participated as a strategic sponsor in the TXF Global 2025 conference, held in Copenhagen, Denmark, from June 10 to 12, 2025. As one of the world's leading international trade and project finance conferences, the event brought together over 1,500 participants from export credit agencies, project finance experts and leaders from around the globe.
The participation and recognition emphasized ECI's ongoing commitment to enhancing its global presence and strengthening its position as a key enabler of the UAE's non-oil exports while supporting the 'We the UAE 2031' vision, which seeks to double the volume of UAE exports and expand its base in global markets, by building more financial partnerships.
During the event, ECI was honored with the 'TXF Commodity Trader Export Finance Deal of the Year 2024' award in recognition of its pivotal role in supporting the exports of Trafigura, one of the world's leading companies in the commodities sector. The award highlights a successful collaboration between ECI, Abu Dhabi Exports Office (ADEX), First Abu Dhabi Bank (FAB), and Natixis Corporate & Investment Banking (Natixis CIB), aimed at facilitating Trafigura's global acquisition of non-oil UAE-originated commodities and enhancing the integration of UAE products into international supply chains.
Her Excellency Raja Al Mazrouei, CEO of Etihad Credit Insurance, said: 'Our participation in TXF Global 2025, a key platform in the export finance sector, underscores ECI's dedication to cultivating and strengthening strategic alliances as well as keeping pace with the evolving global trade dynamics. Receiving the 'Deal of the Year' award reaffirms the vital role ECI plays in supporting the UAE's non-oil exports through innovative financing solutions that drive national economic growth and promote the diversification of the country's exports.'
Her Excellency added: 'This award reflects our successful efforts in executing a strategic, first-of-its-kind transaction in collaboration with our valued partners – Abu Dhabi Exports Office, First Abu Dhabi Bank, and Natixis. The initiative is a significant step towards expanding the country's exports of essential commodities and highlights the competitiveness of the UAE's investment and trade environment. We remain committed to strengthening partnerships with international institutions and delivering value-added services that empower Emirati companies to expand confidently into global markets.'
The TXF Global 2025 conference featured several high-level sessions and discussions on the future of trade finance, sustainable financing solutions for green projects, and experiences of export credit agencies around the world. During the conference, ECI held bilateral meetings with international stakeholders, exploring new collaboration opportunities with financial institutions, development banks, and other financing agencies.
For further information, please contact:
Orient Planet Group (OPG)
Email: media@orientplanet.com
Website: www.orientplanet.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Khaleej Times
2 hours ago
- Khaleej Times
Dubai Airport's new AI corridor allows passengers to clear immigration without stops: Alkhaleej
Dubai Airport (DXB) is now home to an AI-powered corridor, allowing multiple travellers to pass through immigration controls within seconds. The new service allows up to 10 people to pass through at the same time, without having to stop or present identification documents, according to local newspaper Alkhaleej. The airport systems now recognise passenger data even before they arrive at border crossings, said Lieutenant General Mohamed Ahmed Al Marri, Director-General of the General Directorate of Identity and Foreigners Affairs (GDRFA) in Dubai. The new AI-powered corridor also speeds up process es and doubles the capacity of airports, as multiple passengers can be processed at once. In addition, AI also helps in detecting violations as it refers any suspicious passport directly to forgery experts, Al Marri added. The new service is the first of its kind worldwide and comes as part of an integrated system that puts the experience of "boundless travel" within travelers' reach, Al Marri stated. DXB maintained its position as the world's busiest airport in terms of international passenger traffic for 2024, according to a report by Airports Council International (ACI) World. Travellers' impressions Many passengers who walked through the corridor expressed their admiration for the quick clearing service. 'I travelled with my family and the experience was smooth and exceptional. The procedures have become much faster thanks to this corridor, as travel can now be completed in record time without the need to stop at passport control counters,' said Mohammed Amer from Syria. Another traveller called Mahmoud Balou from Canada praised Dubai's efforts to adopt the latest technologies that help cut waiting time and prevent congestion, making the travel experience more enjoyable and seamless, according to the Alkhaleej report.
The National
4 hours ago
- The National
Bidders swoop for prized falcons at Abu Dhabi auction
Falcon merchants and breeders attended auctions this weekend in Abu Dhabi, where birds of prey changed hands for tens of thousands of dirhams. Dozens of falcons have been on sale at the Abu Dhabi National Exhibition Centre, before the 20th Abu Dhabi International Hunting and Equestrian Exhibition begins on August 30. Four of this year's eight auctions take place before the nine-day main event, which runs until September 7, with more than 1,000 falcons being assessed. One of the first to buy a bird on Sunday night was Mubarak Al Amri, from Abu Dhabi, who collects falcons to use for hunting. He bought two falcons at the auction – bidding Dh22,000 ($5,990) and Dh38,000, respectively. 'The auction is an easy way to own the best falcons. It attracts many merchants and collectors,' he said. 'Falconry is not a new practice or sport. There is a great connection between humans and these birds. In the past, life was harsh, birds were used for hunting to provide food to people. Pedigree birds of prey decorate the country's logos. It is sign of pride.' Hunting for deals Saif Al Meqbaly, 48, from Abu Dhabi, was also among those looking for a prized bird of prey. He already owns three birds and uses them for hunting and in competitions. 'I have been in love with falcons for the past 32 years,' he said. 'The auction is a gateway to meet and get to know other enthusiasts in the UAE and around the globe. 'Collecting falcons is a hobby of our fathers and ancestors. We have a strong bond with these birds. Falcons are part of our heritage and tradition.' The second round of the auction takes place from August 23 to 24. The remaining events will be held on August 30 and 31, with the final auctions scheduled for September 6 and 7. For 4,000 years, Bedouin in the UAE and the wider Arabian Peninsula have practised falconry as a form of hunting. It remains a popular sport and pastime and is a key feature of the UAE's identity. In 2023, a prized falcon fetched Dh600,000 at an auction held during the exhibition. A year earlier, a bidder spent Dh1.01 million for a Pure Gyr American ultra-white falcon. In addition to in-person falcon auctions, a secure online platform will be launched on the opening day of the exhibition. The move aims to boost participation from local and international bidders. The exhibition is to feature events displaying falconry, hunting, equestrian sports and fishing, as well as promoting environmental preservation and the UAE's culture.
Al Etihad
6 hours ago
- Al Etihad
UAE Chambers explores investment opportunities with Mali
17 Aug 2025 19:02 SHARJAH (WAM)The Federation of the UAE Chambers of Commerce and Industry highlighted investment opportunities in the Republic of Mali during the UAE-Mali Business Forum, hosted by the Sharjah Chamber of Commerce and Industry (SCCI), in collaboration with UAE Chambers and the Ministry of Foreign Affairs (MoFA).Vice Chairman of the Federation of UAE Chambers of Commerce and Industry and Chairman of SCCI, Abdallah Sultan Al Owais, extended a warm welcome to the Malian trade delegation visiting the UAE from August 13 to praised the growing bilateral relations between the two friendly countries and emphasised that the investment opportunities on offer present strong appeal for Emirati investors, especially within the framework of the UAE's economic diversification Owais affirmed the commitment of the UAE Chambers, and specifically the Sharjah Chamber, to actively promote these opportunities among their business communities to encourage investment in Mali, pointing out that they cover a wide range of emphasised the UAE business community's growing interest in exploring Mali's investment environment, underlining the UAE Chambers' commitment to strengthening cooperation with their Malian counterparts in the coming pointed out plans to sign a memorandum of understanding aimed at establishing a joint business council that will serve as a structured platform for direct engagement between private sector representatives from both sides. The council will focus on strategic sectors such as agriculture, food security, infrastructure, energy, and Owais voiced his optimism that the UAE-Mali Business Forum would serve as a catalyst for expanded trade and investment cooperation between the UAE and Malian delegation, headed by Madiou Simpara, President of the Mali Chamber of Commerce and Industry, presented a portfolio of investment opportunities to the UAE proposed projects span key sectors such as renewable energy, artesian wells, and infrastructure development, and include the establishment of both a large-scale commercial complex and a sports complex. Additional opportunities covered manufacturing, urban development, and land transport sectors, in addition to the construction of a state-of-the-art international Simpara invited the UAE business sector's representatives to visit Mali and assess first-hand the viable investment opportunities of mutual economic value. He noted that the Chamber of Mali seeks to foster stronger collaboration with the UAE chambers across multiple sectors, with the objective of advancing commercial cooperation and reinforcing bilateral trade ties.
