Etihad Credit Insurance (ECI) has established its new representative office in Sharjah to boost the country’s economic diversification programmes and support its export, re-export, and foreign investment to increase the non-oil trade contribution to the national GDP.

The launching of the new representative office is aimed at expanding ECI’s reach in the northern emirate with the support of its government partners, thereby enabling ECI’s business development team to easily reach out to exporters based in Sharjah who are seeking convenient and cost-effective export finance and insurance solutions to expand their business globally.

ECI took this initiative in response to the increasing demand and awareness of trade credit insurance and export finance solutions from UAE exporters, thus broadening its presence in the emirate of Sharjah by adding a new office to its extensive network, which already has active offices in Abu Dhabi and Dubai.

The opening of the office in September 2022 follows the three Memoranda of Understanding (MoUs) ECI recently signed with the Sharjah Chamber of Commerce and Industry (SCCI), the Hamriyah Free Zone Authority (HFZA), and Sharjah Airport International Free Zone (SAIF Zone).

The office space is provided by the SCCI. The company is also in the discussion phase with the local government authorities in other northern emirates to open similar representative offices in Ajman, Ras Al Khaimah and Fujairah.

WAM