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Etihad Credit Insurance promotes strategic solutions to enhance national exports' access to global markets and strengthen the UAE's foreign trade ecosystem
Etihad Credit Insurance promotes strategic solutions to enhance national exports' access to global markets and strengthen the UAE's foreign trade ecosystem

Mid East Info

time16-04-2025

  • Business
  • Mid East Info

Etihad Credit Insurance promotes strategic solutions to enhance national exports' access to global markets and strengthen the UAE's foreign trade ecosystem

Her Excellency Raja Al Mazrouei, CEO of Etihad Credit Insurance (ECI), highlighted the innovative strategies and solutions adopted by ECI to facilitate the access of the national exports into key regional and global markets. H.E. Al Mazrouei further emphasised the impact of strategic initiatives in strengthening the country's position as a leading global trade hub. and reiterated the significance of export, re-export and non-oil foreign trade activities in driving this growth, especially through ECI's role in attaining the economic objectives of the 'We the UAE 2031' vision, which seeks to boost the UAE's non-oil exports to AED 800 billion by the next decade. This took place during ECI's participation in the recently concluded TXF MEA 2025 conference in Dubai. The event convened leading experts in trade finance and export credit, along with representatives from financial institutions, government entities, and multinational corporations. It served as a significant platform to explore ways for accelerating international trade and facilitating financial flows across emerging markets. H.E. Raja Al Mazrouei said: 'We are grateful for the continued directives and unwavering support of the UAE's wise leadership under which the country continues to make remarkable strides towards building a more resilient, sustainable and future-ready economic model. At ECI, we remain steadfast in our dedication to accelerating these efforts by providing solutions that seamlessly address risks associated with export and re-export activities. We aim to empower businesses, especially small and medium-sized enterprises, with credit tools that allow them to venture into new markets and reinforce the appeal and competitiveness of locally produced non-oil products in targeted regional and international markets.' Furthermore, H.E. Al Mazrouei highlighted ECI's continued efforts to identifying new opportunities to improve the export capabilities of UAE-based businesses, allowing them to expand their presence in global markets. Her Excellency also underscored the importance of enhancing engagement in local, regional and international events that focus on promoting the growth of the export and manufacturing industries, reinforcing trade exchange, and solidifying economic and trade partnerships and agreements between countries. During the event, ECI exhibited mechanisms designed to support exporters while addressing the challenges they confront during global economic uncertainties. Yasmin Bahgat, Head of Export Finance at ECI, participated in a panel discussion titled 'Going Local – The Rise of Regional ECAs in Africa and the Middle East,' alongside a group of renowned industry experts. The session explored the latest trends and challenges impacting the sector while also underscoring significant growth prospects and expansion potential in both regional and global markets. The TXF MEA conference is a key platform that convenes leading experts from the export and project finance sectors, in addition to representatives from export credit agencies and financial institutions across the region. It seeks to cultivate partnerships between export credit agencies and key stakeholders, drive innovation, promote economic diversification, and reinforce trade exchanges to strengthen the Middle East and North Africa (MENA)'s position as a thriving global investment and trade hub.

Etihad Credit Insurance promotes strategic solutions
Etihad Credit Insurance promotes strategic solutions

Zawya

time16-04-2025

  • Business
  • Zawya

Etihad Credit Insurance promotes strategic solutions

During its participation at TXF MEA in Dubai Dubai: Her Excellency Raja Al Mazrouei, CEO of Etihad Credit Insurance (ECI), highlighted the innovative strategies and solutions adopted by ECI to facilitate the access of the national exports into key regional and global markets. H.E. Al Mazrouei further emphasised the impact of strategic initiatives in strengthening the country's position as a leading global trade hub. and reiterated the significance of export, re-export and non-oil foreign trade activities in driving this growth, especially through ECI's role in attaining the economic objectives of the 'We the UAE 2031' vision, which seeks to boost the UAE's non-oil exports to AED 800 billion by the next decade. This took place during ECI's participation in the recently concluded TXF MEA 2025 conference in Dubai. The event convened leading experts in trade finance and export credit, along with representatives from financial institutions, government entities, and multinational corporations. It served as a significant platform to explore ways for accelerating international trade and facilitating financial flows across emerging markets. H.E. Raja Al Mazrouei said: 'We are grateful for the continued directives and unwavering support of the UAE's wise leadership under which the country continues to make remarkable strides towards building a more resilient, sustainable and future-ready economic model. At ECI, we remain steadfast in our dedication to accelerating these efforts by providing solutions that seamlessly address risks associated with export and re-export activities. We aim to empower businesses, especially small and medium-sized enterprises, with credit tools that allow them to venture into new markets and reinforce the appeal and competitiveness of locally produced non-oil products in targeted regional and international markets.' Furthermore, H.E. Al Mazrouei highlighted ECI's continued efforts to identifying new opportunities to improve the export capabilities of UAE-based businesses, allowing them to expand their presence in global markets. Her Excellency also underscored the importance of enhancing engagement in local, regional and international events that focus on promoting the growth of the export and manufacturing industries, reinforcing trade exchange, and solidifying economic and trade partnerships and agreements between countries. During the event, ECI exhibited mechanisms designed to support exporters while addressing the challenges they confront during global economic uncertainties. Yasmin Bahgat, Head of Export Finance at ECI, participated in a panel discussion titled 'Going Local - The Rise of Regional ECAs in Africa and the Middle East,' alongside a group of renowned industry experts. The session explored the latest trends and challenges impacting the sector while also underscoring significant growth prospects and expansion potential in both regional and global markets. The TXF MEA conference is a key platform that convenes leading experts from the export and project finance sectors, in addition to representatives from export credit agencies and financial institutions across the region. It seeks to cultivate partnerships between export credit agencies and key stakeholders, drive innovation, promote economic diversification, and reinforce trade exchanges to strengthen the Middle East and North Africa (MENA)'s position as a thriving global investment and trade hub.

Coinciding with International Women's Day H.E. Raja Al Mazrouei receives Woman of the Year (Leadership) Gold Award at Citywealth Powerwomen Awards International 2025
Coinciding with International Women's Day H.E. Raja Al Mazrouei receives Woman of the Year (Leadership) Gold Award at Citywealth Powerwomen Awards International 2025

Mid East Info

time06-03-2025

  • Business
  • Mid East Info

Coinciding with International Women's Day H.E. Raja Al Mazrouei receives Woman of the Year (Leadership) Gold Award at Citywealth Powerwomen Awards International 2025

Her Excellency Raja Al Mazrouei, CEO of Etihad Credit Insurance (ECI), the UAE's Federal export credit company, was honoured with the prestigious Woman of the Year (Leadership) Gold Award at Citywealth Powerwomen Awards International 2025, coinciding with International Women's Day. The accolade, presented by Citywealth magazine during a ceremony in London, celebrates inspiring women for their outstanding contributions to business, technology, finance, trade and leadership. The award underscores women's pivotal role in shaping the global economic landscape. This esteemed recognition emphasizes H.E. Al Mazrouei's remarkable achievements and her influential role in reinforcing women's participation in the financing and trade sectors. It further acknowledges her dedication to creating pathways for women professionals to excel and thrive in leadership roles while enhancing economic resilience and driving innovation. H.E. Al Mazrouei said: 'I dedicate this award to all women who continue to make their mark across various industries, particularly Emirati women, who embody unwavering commitment and boundless ambition. In a continuously evolving business landscape, this recognition underlines the significance of leadership, adaptability, and innovation in shaping the future of global trade and finance. These three principles are essential for confronting modern challenges and unlocking new opportunities for growth and prosperity. This award comes with even greater responsibilities, encouraging me to move forward with empowering women in entrepreneurship and inspiring the next generation of female talents to actively contribute to economic progress and leadership.' Her Excellency continued: 'The UAE stands as a distinguished model for women's empowerment. Guided by the vision of our wise leadership, the nation has always been keen to implement initiatives that would strengthen women's roles and enhance their participation across all sectors. A key example is the National Policy for Empowerment of Emirati Women 2023-2031, led by Her Highness Sheikha Fatima bint Mubarak, Chairwoman of the General Women's Union (GWU), President of the Supreme Council for Motherhood and Childhood (SCMC), Supreme Chairwoman of the Family Development Foundation (FDF). The policy signifies the UAE's relentless efforts in advancing women empowerment to achieve sustainable development goals (SDGs) in line with the 'We the UAE 2031' vision.' 'Furthermore, women's empowerment contributes to reinforcing the UAE's global reputation. The UAE secured the 10th rank in the Global Soft Power Index, based on a global report including 193 countries and over 173,000 respondents. In addition, the country secured top global rankings, including fourth place in Future Growth Potential, seventh in A Strong and Stable Economy, eighth in Influence, ninth in International Relations, ninth in Influential in Diplomatic Circles and ninth in Advanced Technology and Innovation,' H.E. further added. Since assuming her role in May 2023, H.E. Raja Al Mazrouei has been instrumental in reinforcing ECI's dedication to fostering a supportive work environment for women, recognising their pivotal role in achieving the organisation's strategic objectives. This approach aligns with ECI's efforts to boost the competitiveness of the UAE's non-oil exports, facilitate the expansion of locally produced goods into international markets, and support foreign trade, exports, and re-exports. Her efforts also contribute to fostering the growth, adaptability and diversification of the national economy.

H.E. Raja Al Mazrouei receives Woman of the Year (Leadership) Gold Award at Citywealth Powerwomen Awards International 2025
H.E. Raja Al Mazrouei receives Woman of the Year (Leadership) Gold Award at Citywealth Powerwomen Awards International 2025

Zawya

time06-03-2025

  • Business
  • Zawya

H.E. Raja Al Mazrouei receives Woman of the Year (Leadership) Gold Award at Citywealth Powerwomen Awards International 2025

Her Excellency Raja Al Mazrouei, CEO of Etihad Credit Insurance (ECI), the UAE's Federal export credit company, was honoured with the prestigious Woman of the Year (Leadership) Gold Award at Citywealth Powerwomen Awards International 2025, coinciding with International Women's Day. The accolade, presented by Citywealth magazine during a ceremony in London, celebrates inspiring women for their outstanding contributions to business, technology, finance, trade and leadership. The award underscores women's pivotal role in shaping the global economic landscape. This esteemed recognition emphasizes H.E. Al Mazrouei's remarkable achievements and her influential role in reinforcing women's participation in the financing and trade sectors. It further acknowledges her dedication to creating pathways for women professionals to excel and thrive in leadership roles while enhancing economic resilience and driving innovation. H.E. Al Mazrouei said: 'I dedicate this award to all women who continue to make their mark across various industries, particularly Emirati women, who embody unwavering commitment and boundless ambition. In a continuously evolving business landscape, this recognition underlines the significance of leadership, adaptability, and innovation in shaping the future of global trade and finance. These three principles are essential for confronting modern challenges and unlocking new opportunities for growth and prosperity. This award comes with even greater responsibilities, encouraging me to move forward with empowering women in entrepreneurship and inspiring the next generation of female talents to actively contribute to economic progress and leadership.' Her Excellency continued: 'The UAE stands as a distinguished model for women's empowerment. Guided by the vision of our wise leadership, the nation has always been keen to implement initiatives that would strengthen women's roles and enhance their participation across all sectors. A key example is the National Policy for Empowerment of Emirati Women 2023-2031, led by Her Highness Sheikha Fatima bint Mubarak, Chairwoman of the General Women's Union (GWU), President of the Supreme Council for Motherhood and Childhood (SCMC), Supreme Chairwoman of the Family Development Foundation (FDF). The policy signifies the UAE's relentless efforts in advancing women empowerment to achieve sustainable development goals (SDGs) in line with the 'We the UAE 2031' vision.' 'Furthermore, women's empowerment contributes to reinforcing the UAE's global reputation. The UAE secured the 10th rank in the Global Soft Power Index, based on a global report including 193 countries and over 173,000 respondents. In addition, the country secured top global rankings, including fourth place in Future Growth Potential, seventh in A Strong and Stable Economy, eighth in Influence, ninth in International Relations, ninth in Influential in Diplomatic Circles and ninth in Advanced Technology and Innovation,' H.E. further added. Since assuming her role in May 2023, H.E. Raja Al Mazrouei has been instrumental in reinforcing ECI's dedication to fostering a supportive work environment for women, recognising their pivotal role in achieving the organisation's strategic objectives. This approach aligns with ECI's efforts to boost the competitiveness of the UAE's non-oil exports, facilitate the expansion of locally produced goods into international markets, and support foreign trade, exports, and re-exports. Her efforts also contribute to fostering the growth, adaptability and diversification of the national economy. -Ends-

ECI highlights its role in empowering exports and supporting non-oil GDP
ECI highlights its role in empowering exports and supporting non-oil GDP

Zawya

time19-02-2025

  • Business
  • Zawya

ECI highlights its role in empowering exports and supporting non-oil GDP

Etihad Credit Insurance (ECI), the UAE's Federal export credit company, highlighted the substantial role of the exports sector in driving sustainable development and boosting economic diversity and sustainability. The company also reiterated its role in empowering export, re-export and non-oil foreign trade of UAE-based companies, further strengthening the competitiveness of locally manufactured goods and facilitating their entry to international markets. This comes as part of its participation as a strategic sponsor at the 25th edition of the GTR MENA. During the event, which was held on February 18 and 19, 2025 at Jumeirah Emirates Towers in Dubai, ECI exhibited its advanced credit services at a dedicated pavilion and launched various initiatives designed to support the country's manufacturers and exporters. The company also highlighted its innovative credit solutions designed to boost the global and regional competitiveness of local companies. In the first half of 2024, the UAE's non-oil GDP grew by 4.4% year-on-year, reaching AED 660 billion. The non-oil sector contributed 75% of the country's total GDP, while ECI's total credit coverage reached AED 11 billion. ECI supported local exporters across 17 sectors in 110 markets and maintained its 'AA-' (very strong) Fitch rating for the seventh consecutive year, reflecting growing confidence in its financial solutions and its expanding role in export and foreign trade. During the event, H.E. Raja Al Mazrouei, CEO of ECI, participated in a session titled 'Leadership, Innovation, and Sustainability: Empowering Economic Growth.' The session focused on the crucial contribution of small and medium-sized enterprises (SMEs) to global trade, highlighting their role in fostering innovation, generating employment, enhancing trade dynamics and promoting economic diversification. During the session, she highlighted the UAE's progressive approach to nurturing economic growth and diversification by creating a supportive environment for SMEs. This is further reinforced by flexible regulatory frameworks, growth-oriented policies, advanced infrastructure for business development and the UAE's ambitious goal to become a global industrial hub by 2031 through the UAE's industrial strategy 'Operation 300 Billion.' Furthermore, H.E. Al Mazrouei underscored the key role of non-oil trade in the UAE's economy, with the sector contributing approximately 75 per cent of the overall GDP. She explained that the UAE's collaborations and partnerships, which include comprehensive economic partnership agreements (CEPAs), have played a crucial role in facilitating seamless market access for SME products. She further highlighted the critical role of innovative credit solutions, trade easing initiatives enhancing of export, streamlining of logistics region and the joint efforts between the public and private sectors in strengthening non-oil exports, re-exports and foreign trade for UAE-based companies. The event also underscored the need for enhanced communication and collaboration among organisations and industry stakeholders to develop capabilities and enhance trade, imports and exports at both local and global levels. The key focus was on strategic planning to follow a progressive approach that efficiently addresses challenges and shapes a dynamic future. During the sessions, experts stressed that collaborations among key players of the international trade ecosystem, including financial organisations, exporters and importers, are essential for achieving sustainable growth. They highlighted the significance of establishing channels for exchanging expertise and knowledge to enable businesses, particularly SMEs, to overcome barriers in accessing global markets. The GTR MENA event featured over 80 speakers and 45 presenters, exploring a wide range of topics, including the impact of digitalisation on the future of trade finance, the role of financial technology and innovations, and regulatory frameworks designed to address challenges such as supply chain resilience and bridging gaps in trade finance. Additionally, discussions covered the role of institutional investors in boosting liquidity, meeting supply chain finance demands, and supporting regional economic diversification, particularly in the GCC region and Africa. The event also delved into digital advancements, investment strategies and strategic collaborations that contribute to a more flexible and efficient global trade landscape. -Ends- For further information, please contact: Orient Planet Group (OPG) Email: media@ Website:

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