Emirates news now – Union for Export Credit: Our strategy is in line with the vision of the Emirates to chart the future of its economy

Emirates news Emirates news now – Union for Export Credit: Our strategy is in line with the vision of the Emirates to chart the future of its economy Source of the news – Emirates News -24.ae with news details Union for Export Credit: Our strategy is in line with the vision of the Emirates to chart the future of its economy:

Massimo Falcioni, CEO of Etihad Export Credit Company, confirmed that the company seeks to contribute significantly to supporting the achievement of the national agenda for the development of UAE non-oil exports, which aims to enter 25 new markets by benefiting from its strategic partnerships with export credit agencies in countries It employs its database of more than 320 million companies from all over the world. According to what Falcioni said in his interview with the Emirates News Agency “WAM”, “The company is working to implement its strategy in the optimal way that is in line with the vision of the wise leadership to chart the future of the country’s economy during the next fifty years,” noting that the Export Credit Union seeks to provide protection for exports worth 10 billion dirhams by the end of 2021, and 27 billion dirhams by 2024.

He added: “As the credit protection company of the federal government in the UAE, we will continue to protect the cash flow and commercial receivables of UAE companies, facilitate their access to financing, facilitate their entry into global markets, and create promising investment opportunities, which supports the growth of GDP, the employment sector and small and medium-sized companies. Which contributes significantly to supporting the “300 billion project” and the “Make in the UAE” initiative and works to double the value of the output of the national industrial sector in the next ten years. global warming phenomena”.

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The CEO of Etihad Export Credit Company indicated that the company’s contribution to support the growth of the energy sector and sustainability is in line with the “Emirates Energy Strategy 2050”, which aims to allocate 600 billion dirhams to raise the contribution of clean energy in the total energy mix produced in the country to 50 percent until 2050.

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