Copenhagen: Etihad Credit Insurance (ECI), the UAE's federal export credit company, has participated as a strategic sponsor in the TXF Global 2025 conference, held in Copenhagen, Denmark, from 10th to 12th June.
According to Emirates News Agency, the event, a prominent international trade and project finance conference, attracted over 1,500 participants, including export credit agencies, project finance experts, and leaders from around the globe. ECI's involvement and recognition at the conference underscore its commitment to enhancing global presence and reinforcing its role in supporting the UAE's non-oil exports, aligning with the 'We the UAE 2031' vision. This vision aims to double the volume of UAE exports and expand its global market base through strategic financial partnerships.
During the event, ECI received the 'TXF Commodity Trader Export Finance Deal of the Year 2024' award for its key role in supporting the exports of Trafigura, a leading company in the commodities sector. The award signifies a successful collaboration between ECI, Abu Dhabi Exports Office (ADEX), First Abu Dhabi Bank (FAB), and Natixis Corporate and Investment Banking (Natixis CIB), facilitating Trafigura's global acquisition of non-oil UAE-originated commodities and integrating UAE products into international supply chains.
Raja Al Mazrouei, CEO of Etihad Credit Insurance, highlighted the importance of the TXF Global 2025 platform for the export finance sector and reaffirmed ECI's dedication to building strategic alliances and adapting to global trade dynamics. Al Mazrouei stated that receiving the 'Deal of the Year' award emphasizes ECI's pivotal role in supporting UAE's non-oil exports through innovative financing solutions, contributing to national economic growth and the diversification of the country's exports.
She also mentioned that the award reflects ECI's successful efforts in executing a strategic, first-of-its-kind transaction with partners such as Abu Dhabi Exports Office, First Abu Dhabi Bank, and Natixis. This initiative marks a significant step in expanding the country's exports of essential commodities and underscores the competitiveness of the UAE's investment and trade environment. ECI remains committed to strengthening partnerships with international institutions and providing services that enable Emirati companies to confidently expand into global markets.
The TXF Global 2025 conference featured high-level sessions on trade finance's future, sustainable financing for green projects, and experiences of export credit agencies worldwide. ECI engaged in bilateral meetings with international stakeholders during the conference, exploring opportunities for collaboration with financial institutions, development banks, and other financing agencies.