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Etihad Credit Insurance partners with Standard Chartered Bank- Business Media in Dubai

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Etihad Credit Insurance (ECI), the UAE Federal export credit company, has signed a Memorandum of Understanding (MoU) with Standard Chartered Bank, a leading global banking group. UAE Business news in Dubai collaboration will provide seamless access to trade credit solutions and funding for UAE businesses which are aiming to establish their presence locally and globally. This strategic move will not only support entrepreneurial ventures and empower local businesses, but also boost the overall development of the UAE economy.

Online Business Directory in Dubai  institutions will collaborate to support UAE-based exporters through various financing and funding solutions. Areas of focus include credit risk management solutions, export financial tools, surety bonds, export financing, aircraft financing, corporate financing, bond support and Letters of Credit Confirmation. Business Events in Dubai team up in terms of market intelligence exchange as well as to educate the local businesses by conducting a series of seminars that will highlight the benefits of trade protection solutions.

 Business Media in Dubai alliance between ECI and Standard Chartered Bank will support the UAE’s non-oil diversification strategy as well as the country’s sustainable growth.

The MoU was signed by Massimo Falcioni, Chief Executive Officer at ECI, and Rola Abu Manneh, Chief Executive Officer of Standard Chartered Bank, UAE.

Massimo Falcioni, CEO, ECI, said: Best Business Media in Dubai step towards ECI’s objective to assist local entrepreneurial ventures and businesses by offering insightful intelligence, trade protection solutions and easier access to financial services.”

Rola Abu Manneh, CEO of Standard Chartered Bank, UAE, said: “Factors such as the UAE’s ease of doing business, strategic geographic location as well as strong regulatory and legal framework have created a conducive environment for entrepreneurs and homegrown companies.

According to the Federal Customs Authority (FCA), the UAE export reached AED139.1 billion during the first nine months of 2017, with re-exports value recorded at AED325 billion during the same period.UAE Business Media  revealed that UAE General Trade volume during the phase from January to September 2017 amounted to AED1.17 trillion, in comparison to AED1.16 trillion during the same period in 2016.

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