Dubai – Mubasher: Etihad Credit Insurance (ECI) has awarded a macroeconomic and industry-specific data services contract to Fitch Solutions, a global leader in financial information services.
Under the deal, ECI, the UAE Federal export credit company, will be in a stronger position to support the implementation of the country's non-oil diversification strategy.
“Working closely with Fitch Solutions will also allow us to explore opportunities and provide essential support to UAE businesses,” said ECI CEO Massimo Falcioni.
He added that the deal supports the ECI’s plan to expand to homegrown companies with activities focusing on the export and re-export of UAE goods, works, services, and foreign investments by UAE businesses.
“This will allow ECI to access essential macroeconomic data that can help them in performing risk assessments of local companies, especially those involved in export and trade activities,” Christine Baulmann, managing director and head of EMEA Sales at Fitch Solutions, said.
Moreover, ECI will be able to provide UAE exporters and traders with information that will assist them in their global expansions.
It is worth noting that Fitch Group operates in more than 30 countries and comprises Fitch Ratings, Fitch Solutions, and Fitch Learning.
