Business

Etihad Credit Insurance (ECI), the UAE’s federal export credit company, has signed a strategic Memorandum of Understanding (MoU) with Dubai Economic Development Corporation (DEDC) to enhance the export ecosystem for Dubai-based manufacturers by providing export credit insurance and trade risk mitigation services.

The agreement was signed during Make It In The Emirates 2026 at the Abu Dhabi National Exhibition Centre, marking a key step toward supporting local exporters as they expand into international markets. The initiative aligns with Dubai’s D33 Agenda, which aims to double the size of the emirate’s economy over the next decade and position Dubai among the world’s top three global cities.

H.E. Raja Al Mazrouei, CEO of ECI, said the collaboration reflects a shared commitment to helping UAE exporters grow globally with greater confidence. She noted that the partnership combines credit protection, financing access, and risk intelligence to help businesses unlock new opportunities while supporting Dubai’s long-term economic goals.

Under the MoU, ECI will provide tailored credit insurance solutions, including Whole Turnover Insurance (WTO) and Single Risk Policies, for exporters nominated by DEDC under the Export Assistance Program.

The partnership will also help improve access to financing by connecting exporters with ECI’s network of partner financial institutions. Through the initiative, insured receivables can be used as collateral, enabling companies to secure export financing and working capital more efficiently.

In addition, both entities will organise specialised workshops and training sessions for Export Assistance Program partners. These sessions will focus on increasing awareness of credit insurance benefits, including protection against non-payment risks, improved financing opportunities, and margin optimisation.

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