Etihad Credit Insurance (ECI) has taken a strategic step to bolster the export ecosystem within the UAE by entering into a Memorandum of Understanding (MoU) with the Dubai Economic Development Corporation (DEDC). This partnership aims to enhance trade risk mitigation solutions and export credit insurance for manufacturers operating in Dubai, ultimately supporting their ambitions to access international markets.

Strengthening Dubai’s Export Potential

The MoU, signed during the ‘Make It In The Emirates’ 2026 event at the Abu Dhabi National Exhibition Centre, represents a significant advancement in empowering local exporters. This collaboration is in line with the D33 Agenda’s vision of expanding Dubai’s economy and solidifying its stature among the world’s leading cities. By facilitating stronger export capabilities, ECI and DEDC are making strides toward achieving these ambitious economic goals for the emirate.

H.E. Raja Al Mazrouei, CEO of ECI, expressed enthusiasm about this partnership, emphasizing their shared commitment to empower UAE exporters. He remarked that this collaboration signifies a pathway to instill confidence in local businesses to extend their reach globally. With access to robust financial protection, financing options, and valuable risk insights, this alliance seeks to unlock new opportunities for businesses while furthering Dubai’s long-term economic strategy.

Comprehensive Support for Exporters

As part of the MoU’s provisions, ECI will provide a range of customized credit insurance solutions, such as Whole Turnover Insurance (WTO) and Single Risk Policies. These offerings will give vital support to exporters recommended by DEDC as part of the Export Assistance Program. This initiative enables businesses to safeguard their financial interests, ensuring they can navigate international markets more confidently.

In addition to risk coverage, the collaboration aims to enhance exporters’ access to capital by establishing connections with a network of partner financial institutions. This means that insured receivables could be used as collateral, making it easier for businesses to secure export financing and gain essential working capital.

Building Capacity and Enhancing Awareness

The partnership also emphasizes capacity building through focused training sessions and workshops for participants in the Export Assistance Program. These educational initiatives will aim to deepen understanding of the advantages of credit insurance, particularly related to protection against non-payment and optimizing profit margins. By fostering a culture of awareness and education, ECI and DEDC are paving the way for sustainable growth in Dubai’s export sector.

In conclusion, the MoU between Etihad Credit Insurance and the Dubai Economic Development Corporation marks a pivotal moment for Dubai’s manufacturing and export landscape. Through tailored insurance solutions, enhanced access to finance, and strategic capacity-building initiatives, this partnership is set to empower local exporters. As these businesses embark on their global ventures, they can do so with increased confidence, contributing to the broader economic vision of the D33 Agenda.