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ECI to support $3bn in non-oil exports, re-exports

Economic News

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.

 

 


 

 

Mubasher

 

 

 

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