ECI to support $3bn in non-oil exports, re-exports
Etihad Credit Insurance (ECI) has unveiled plans to secure $3 billion (AED 11.02 billion) in non-oil exports and re-exports.
The state-owned company is also planning to support UAE-based firms with more than $1.1 billion exposure and revolving credit limits during the current year, according to the Emirates News Agency (WAM).
These investments announced during ECI’s 2019 kick-off meeting held at the Jumeirah Emirates Towers Hotel in Dubai.
ECI is the UAE’s national credit insurance agency established to support the export and re-export of the country’s goods, works, services, along with foreign investments of local companies.