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Abu Dhabi Chamber signs MOU with ECI

In his welcoming remarks, H.E. Mohammed Helal Al Mheiri, Director General of the Abu Dhabi Chamber, said that the Chamber’s participation in organizing this workshop comes within the framework of its vision to develop and organize trade and industrial affairs, increase competitiveness of businesses and expand their opportunities as well as to provide many world-class services, which would contribute to realizing the sustainable development in Abu Dhabi.

He pointed out that the cooperation with ECI, considering it the UAE’s national credit insurance company for UAE exporters, cements the commitment of Abu Dhabi Chamber in holistically serving the private sector and helping it increase its contribution to the local economy.

The Director General added that amongst the joint objectives of the private sector in the UAE are enhancing the position of the country on the world trade map, increasing national exports, supporting Emirati industries, and increasing their competitiveness in world markets. “This comes within the vision of the UAE 2021 of economic development, which is based on knowledge and innovation and in line with the vision of Abu Dhabi to support and develop non-oil sectors, especially trade and industrial ones. Such targets are essential for the ECI to continue providing its services with the highest quality and to ensure reaching the highest ranks on world indexes as well as to achieve prosperity and growth,” he said.



After the workshop, the Abu Dhabi Chamber and the ECI signed a memorandum of Understanding through which both sides will work together to provide support and protection to Abu Dhabi exports under a pioneering credit umbrella that supports exports and products. The MOU states that both sides will work towards equipping companies with effective tools to secure their exports as well as managing credit risks for all companies that enjoy the membership of the Abu Dhabi Chamber. This would contribute to increasing the capabilities of such companies to compete in regional and international markets and enabling them to reserve their place on the international world map.

For his part, Mr. Massimo Falcioni, Chief Executive Officer of ECI, said that cooperating with the Abu Dhabi Chamber in organizing this introductory workshop with a number of exporting companies in Abu Dhabi comes to increase joint work, adding that it represents an important opportunity for local companies to compete international markets. 

Falcioni pointed out that the workshop delivered important information on ECI’s comprehensive credit protection solutions, which will not help local companies enhance their risk management only, but will also support the march of economic diversification in the UAE. 

The CEO praised the signing of the MOU with the Abu Dhabi Chamber for what role it would play in developing businesses, enhance their performance and secure their operations in the UAE, thus, expanding their regional and international presence.

A large number of companies attended the workshop.