Etihad Credit Insurance Secures Prestigious Global Export Finance Award at TXF Global 2025 Event
Bold Moves by ECI at TXF Global 2025: A Step Forward in UAE's Global Trade Journey
Etihad Credit Insurance (ECI), the UAE's export credit agency, has stolen the limelight at the TXF Global 2025 conference in Copenhagen, marking a significant stride in the nation's non-oil exports and global trade endeavors.
Over 1,500 international heavyweights in export credit and project finance graced the event from June 10 to 12. With ECI on board as a strategic sponsor, the conference was a testament to the agency's commitment to forging international partnerships and aligning with the UAE's "We the UAE 2031" vision, aiming to double national exports and expand trade horizons.
ECI's triumphant moment came when it was declared the winner of the "TXF Commodity Trader Export Finance Deal of the Year 2024," recognizing its instrumental role in facilitating global exports of UAE-originated commodities for Trafigura, a world-renowned commodity trading giant. This monumental deal was a joint effort with Abu Dhabi Exports Office (ADEX), First Abu Dhabi Bank (FAB), and Natixis Corporate & Investment Banking (Natixis CIB).
, CEO of ECI, celebrated the achievement.
The award was merely the cherry on top. ECI held talks with various global financial institutions and export agencies, exploring new avenues of collaboration and expansion.
The TXF Global 2025 conference served as an arena for in-depth discussions on sustainable trade finance and the evolving role of export credit agencies worldwide. This platform provided ECI with an ideal space to elucidate its vision and cement its standing in international markets.
Sources: Emirates News Agency and various insights highlight that ECI's win spotlights its crucial role in bolstering the UAE's economic diversification and non-oil export growth. The deal signifies a groundbreaking, first-of-its-kind transaction, forged in collaboration with ADEX, FAB, and Natixis, contributing to the expansion of the UAE's essential commodity exports, exemplifying the investment and trade environment's competitiveness and resilience[1][2].
ECI's mission, emphasized by Al Mazrouei, revolves around fostering strategic alliances and adapting to the ebb and flow of global trade dynamics. By offering value-added services and innovative financing solutions, ECI empowers Emirati firms to confidently tread the global markets, driving economic expansion and reinforcing the UAE's broader efforts to lessen dependence on oil through export diversification[1][2].
The recognition transcends the award itself, positioning ECI and the UAE as active players in the global trade finance ecosystem, forging bonds with international partners and generating prospects for collaboration with financial institutions and development banks[1][2].
- ECI's victory at the "TXF Commodity Trader Export Finance Deal of the Year 2024" demonstrates its instrumental role in expanding UAE's essential commodity exports, signifying a groundbreaking collaboration with ADEX, FAB, and Natixis CIB.
- As a strategic sponsor of the TXF Global 2025 conference, ECI utilized the event to forge partnerships with various global financial institutions and export agencies, seeking new avenues for collaboration and expansion.
- By offering value-added services and innovative financing solutions, ECI empowers Emirati firms to confidently participate in global markets, driving economic expansion and reinforcing the UAE's broader efforts to lessen dependence on oil through export diversification.
- The award acknowledges ECI's efforts in bolstering the UAE's economic diversification and non-oil export growth, positioning the agency and the UAE as active players in the global trade finance ecosystem.
