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05 November 2019
BUSINESS

KIZAD, ECI partner to support UAE businesses

The collaboration will establish a framework that enables the two institutions to support local businesses and increase their export-related activities by accessing the UAE Federal Export Credit Company’s trade and finance solutions.

SHUTTERSTOCK/MO AZIZI


Etihad Credit Insurance (ECI) has signed an MoU with Abu Dhabi Ports’ Khalifa Industrial Zone Abu Dhabi (KIZAD) to support UAE businesses and increase exports by providing export insurance solutions that meet their growth plans.

Massimo Falcioni, the CEO of ECI, said, “The partnership between ECI and KIZAD will play an important role for the UAE-based investors and exporters, as it will help them focus on their expansion plans in a streamlined and efficient manner.”

In a joint statement, the two entities said that the agreement will help UAE-based companies to capitalise on potential market opportunities by offering ECI’s comprehensive range of financial solutions and insightful country risk reports and KIZAD’s customised business solutions that will facilitate trade, logistics as well as industrial investments locally and internationally.

 “The MoU will help businesses operating at Abu Dhabi Ports and KIZAD to export and re-export goods with ease and provide more financing options for international companies looking to invest in the UAE,” said Captain Mohamed Juma Al Shamisi, the Group CEO of Abu Dhabi Ports.

Under the MoU, ECI and KIZAD will collaborate on defined areas of cooperation that include joint organisation of workshops, involvement in relevant events as well as exchange in-depth market intelligence and country risk reports.


RELATED STORIES: EXPORT INSURANCE ETIHAD CREDIT INSURANCE ABU DHABI PORTS KHALIFA INDUSTRIAL ZONE ABU DHABI


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