Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, sanctioned the restructuring of the Board of Directors of Etihad Credit Insurance (ECI), appointing Dr Thani bin Ahmed Al Zeyoudi, the Minister of Foreign Trade, as the new chairman.
This decision aligns with the UAE’s ongoing efforts to bolster institutions that support foreign trade: vital for export growth and economic diversification. ECI is the UAE’s federal export credit agency.
ECI offers trade credit insurance, financing support, and risk protection solutions designed to facilitate the international expansion of Emirati businesses. The institution plays a critical role in safeguarding exports and investments against potential commercial and political risks.
Dr Al Zeyoudi has been instrumental in promoting the UAE’s foreign trade initiatives and enhancing economic partnerships with significant global markets.
The restructuring of ECI’s board is expected to strengthen its ability to support businesses looking to navigate the complexities of international trade.
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