UAE’s ECI unites with HFZA, SAIF Zone to support Sharjah exporters

  • Date: 27-Jul-2022
  • Source: GCC Business News
  • Sector:Financial Services
  • Country:UAE
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UAE’s ECI unites with HFZA, SAIF Zone to support Sharjah exporters

UAE’s Federal export credit company, Etihad Credit Insurance (ECI) has entered into a partnership with the Hamriyah Free Zone Authority (HFZA) and the Sharjah Airport International Free Zone Authority (SAIF Zone) to support Sharjah exporters and re-exporters to start and grow their international business and secure their receivables globally.

The strategic initiative will boost the exports from Sharjah, one of the key manufacturing and industrial hubs in the region, and a major contributor to UAE’s non-oil GDP and national employment.

As per the agreement, Etihad Credit Insurance will offer its range of flexible trade credit insurance and financial solutions, including its Sharia-compliant insurance product ‘ECI Islamic’, to startups and small-and-medium enterprises (SMEs) operating in the two free zones.

Massimo Falcioni

CEO – ECI “In line with our strategy to accelerate the UAE’s economic diversification and non-oil trade agenda, ECI is helping to enhance the bankability of SMEs, startups, and innovative projects launched by younger entrepreneurs across the country. We are honored to team up with one of the biggest industrial free zones in the UAE to empower local businesses and exporters through the state-backed financial and insurance support.”

Through this collaboration, they will jointly conduct seminars and workshops to educate the UAE business community about