Etihad Credit Insurance
| الاتحاد لائتمان الصادرات | |
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| Agency overview | |
|---|---|
| Formed | 1 February 2018 |
| Jurisdiction | United Arab Emirates |
| Headquarters | Etihad Towers, Abu Dhabi |
| Agency executives |
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| Website | eci |
Etihad Credit Insurance (ECI) (Arabic: الاتحاد لائتمان الصادرات) is the official export credit agency of the United Arab Emirates.[1] The agency "aims to support the economic diversification by guaranteeing commercial and non-commercial risks associated with export and re-export of goods and services".[2]
The ECI's main objective is supporting the diversification of the UAE's economy by supporting non-oil export and imports. By 2020 major industries supported included the chemical industry, steel, construction, cables, food, packaging, electronics, healthcare and printing [3]
History
[edit | edit source]Founded in February 2018, the ECI is a public joint stock company wholly owned by the UAE federal government and the governments of the emirates of Abu Dhabi, Dubai, Ajman, Ras Al Khaimah, and Fujairah.[4]
In 2021, ECI was voted as a permanent member of the Berne Union.[5]
In 2021, according to the ECI's annual report, the company extended non-oil support of $3.1 billion, to 92 counties, covering 18 sectors.[6] Top destinations for UAE exports included Saudi Arabia, Iraq, India, Oman, Kuwait, and Jordan.
Offices
[edit | edit source]THE ECI's main office is in the UAE capital of Abu Dhabi, and operates a second office in Dubai. [7][8]
See also
[edit | edit source]References
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