Tahnoun Shafeer

Etihad Credit Insurance (Etihad Export Credit Insurance Company - ECI) is a Public Joint Stock Company owned by the UAE Federal Government and its founders; the Government of the Emirate of Abu Dhabi, the Government of the Emirate of Dubai, the Government of the Emirate of Ajman, the Government of the Emirate of Ras Al Khaimah and the Government of the Emirate of Fujairah. Etihad Credit Insurance, was established as a Federal institution, mandated to secure national export credit, as per Ministers Council Decision No. 303/11W/7 of 2015, No.5/7w of 2016, and No.26/4O of 2017. Etihad Credit Insurance was established as part of the UAE’s 2021 Vision, which aims to implement economic diversification policies, and reduce the dependence on oil resources as a source of income, in preparation for the inevitable post-oil era. Therefore ECI's primary purpose as per the provisions of its statute issued by the Cabinet; is to ensure commercial and non-commercial risks associated with the export and re-export of goods and services, whether they may be goods, national services or foreign goods, and to re-export them. The Company has a discretionary authority to ensure any risk.