ECI and Masdar sign agreement – GulfToday

ECI and Masdar sign agreement – GulfToday

Mohamed Jameel Al Ramahi during the signing of the MoU between ECI and Masdar.



Etihad Credit Insurance (ECI), the UAE's Federal export credit company, has signed an agreement with Masdar, Abu Dhabi Future Energy Company, to work on initiatives aimed at supporting investment in renewable projects that will contribute to reducing carbon emissions.

In a Memorandum of Understanding (MoU) signed by Massimo Falcioni, CEO of ECI, and Mohamed Jameel Al Ramahi, CEO of Masdar, the two institutions have agreed to explore building together cost-effective insurance and financial guarantees to support Masdar's global development ambition of achieving clean and renewable energy infrastructure development.

The agreement is a result of the shared objective of ECI and Masdar to solidify the position of the UAE as a global leader in sustainability initiatives and renewable energy and accelerate the diversification of the national economy. It is also in line with