logo
#

Latest news with #TXFGlobal2025

Saudi EXIM Bank, Credit Oman Sign MoU to Strengthen Bilateral Export Ties
Saudi EXIM Bank, Credit Oman Sign MoU to Strengthen Bilateral Export Ties

Leaders

time15-06-2025

  • Business
  • Leaders

Saudi EXIM Bank, Credit Oman Sign MoU to Strengthen Bilateral Export Ties

The Saudi Export-Import Bank (Saudi EXIM) participated as a sponsor at the TXF Global 2025 conference, held in Copenhagen, Denmark, from June 10 to 12. The event served as a platform to reinforce Saudi EXIM's role in international trade and build strategic partnerships aimed at boosting the competitiveness of Saudi Arabia's non-oil exports. During the conference, Saudi EXIM CEO Eng. Saad bin Abdulaziz AlKhalb and Credit Oman CEO Khalil bin Ahmed Al Harthy signed a memorandum of understanding (MoU) to deepen cooperation between the two institutions. The agreement focuses on supporting joint projects, facilitating exports, and exchanging expertise to advance non-oil export growth and enhance economic and trade relations between Saudi Arabia and Oman. Eng. Al-Khalb also joined a high-level panel discussion with industry leaders and export credit specialists to explore strategies for advancing global trade cooperation. He highlighted Saudi EXIM's pivotal role as a trusted partner in the global trade landscape and noted that the bank's creation aligns with Saudi Arabia's broader economic diversification goals. Since its establishment, Saudi EXIM has extended over USD 22 billion in credit facilities. Al-Khalb emphasized that the bank's A+ credit rating from Fitch Ratings bolsters its credibility and impact both domestically and internationally. Finally, he underscored the bank's commitment to developing strategic pathways that empower local exporters. Related Topics : Saudi EXIM Bank Wins Two International Awards in Financial Solutions ACWA Power signs MoU with Saudi EXIM Bank to cooperate on knowledge sharing SAUDI ARABIAN AIRLINES (SAUDIA) FEATURES 'BORN A KING' FILM ONBOARD FIFA 2025 Club World Cup: First Round Schedule, Live Results & Scorers Short link : Post Views: 19 Related Stories

Saudi EXIM Bank Signs MoU with Credit Oman to Boost Bilateral Exports
Saudi EXIM Bank Signs MoU with Credit Oman to Boost Bilateral Exports

Asharq Al-Awsat

time14-06-2025

  • Business
  • Asharq Al-Awsat

Saudi EXIM Bank Signs MoU with Credit Oman to Boost Bilateral Exports

CEO of Saudi EXIM Bank, Eng. Saad bin Abdulaziz AlKhalb and CEO of Credit Oman, Khalil bin Ahmed Al Harthy signed a memorandum of understanding (MoU) to promote cooperation in supporting joint projects, facilitating exports, and exchanging expertise, thereby contributing to the empowerment of non-oil exports and strengthening economic and trade ties between the two countries. This came on the sidelines of the TXF Global 2025 conference held in Copenhagen from June 10 to 12. EXIM participated as a sponsor of the conference to enhance the bank's role in global trade and establish strategic partnerships to support the growth and competitiveness of Saudi non-oil exports in international markets, according to SPA. Engineer Al-Khalb also participated in a panel session during the conference alongside a distinguished group of leaders, decision-makers, and export credit experts to discuss ways to foster international trade cooperation. He affirmed that Saudi EXIM Bank is a reliable partner in the global trade ecosystem, noting that the bank's establishment is part of the Kingdom's broader economic transformation. He pointed out that the bank has provided credit facilities amounting to USD 22 billion since its inception and emphasized that the bank's A+ credit rating from Fitch Ratings will significantly impact its operations and those of its clients and partners both locally and globally. He added that the bank's strategy is focused on building strategic pathways for local exporters.

Etihad Credit Insurance Wins Top Global Export Finance Award at TXF Global 2025
Etihad Credit Insurance Wins Top Global Export Finance Award at TXF Global 2025

Hi Dubai

time13-06-2025

  • Business
  • Hi Dubai

Etihad Credit Insurance Wins Top Global Export Finance Award at TXF Global 2025

Etihad Credit Insurance (ECI) has secured a major international accolade at the TXF Global 2025 conference in Copenhagen, reinforcing its growing role in advancing the UAE's non-oil exports on the global stage. Held from June 10 to 12, the event gathered over 1,500 global leaders in export credit and project finance. ECI participated as a strategic sponsor, aligning with its efforts to strengthen international partnerships and support the UAE's 'We the UAE 2031' vision to double national exports and broaden the country's trade reach. ECI was awarded the 'TXF Commodity Trader Export Finance Deal of the Year 2024' for its role in facilitating the global export of UAE-originated commodities for Trafigura, one of the world's leading commodity trading companies. The deal was executed in partnership with Abu Dhabi Exports Office (ADEX), First Abu Dhabi Bank (FAB), and Natixis Corporate & Investment Banking (Natixis CIB). 'This award reaffirms ECI's vital contribution to driving national economic growth through innovative financing,' said Raja Al Mazrouei, CEO of ECI. 'It reflects a strategic collaboration that not only supports the export of essential commodities but also showcases the competitiveness of the UAE's trade ecosystem.' Beyond the award, ECI engaged in bilateral meetings with global financial institutions and export agencies, exploring new avenues for collaboration and expansion. The TXF Global 2025 conference also featured in-depth discussions on sustainable trade finance and the evolving role of export credit agencies worldwide, providing ECI with a platform to share its vision and strengthen its presence in international markets. News Source: Emirates News Agency

Etihad Credit Insurance (ECI) wins ‘Deal of the Year' award during its participation as strategic sponsor at TXF Global 2025 conference in Copenhagen
Etihad Credit Insurance (ECI) wins ‘Deal of the Year' award during its participation as strategic sponsor at TXF Global 2025 conference in Copenhagen

Web Release

time13-06-2025

  • Business
  • Web Release

Etihad Credit Insurance (ECI) wins ‘Deal of the Year' award during its participation as strategic sponsor at TXF Global 2025 conference in Copenhagen

Etihad Credit Insurance (ECI) wins 'Deal of the Year' award during its participation as strategic sponsor at TXF Global 2025 conference in Copenhagen Etihad Credit Insurance (ECI), the UAE's federal export credit company, participated as a strategic sponsor in the TXF Global 2025 conference, held in Copenhagen, Denmark, from June 10 to 12, 2025. As one of the world's leading international trade and project finance conferences, the event brought together over 1,500 participants from export credit agencies, project finance experts and leaders from around the globe. The participation and recognition emphasized ECI's ongoing commitment to enhancing its global presence and strengthening its position as a key enabler of the UAE's non-oil exports while supporting the 'We the UAE 2031' vision, which seeks to double the volume of UAE exports and expand its base in global markets, by building more financial partnerships. During the event, ECI was honored with the 'TXF Commodity Trader Export Finance Deal of the Year 2024' award in recognition of its pivotal role in supporting the exports of Trafigura, one of the world's leading companies in the commodities sector. The award highlights a successful collaboration between ECI, Abu Dhabi Exports Office (ADEX), First Abu Dhabi Bank (FAB), and Natixis Corporate & Investment Banking (Natixis CIB), aimed at facilitating Trafigura's global acquisition of non-oil UAE-originated commodities and enhancing the integration of UAE products into international supply chains. Her Excellency Raja Al Mazrouei, CEO of Etihad Credit Insurance, said: 'Our participation in TXF Global 2025, a key platform in the export finance sector, underscores ECI's dedication to cultivating and strengthening strategic alliances as well as keeping pace with the evolving global trade dynamics. Receiving the 'Deal of the Year' award reaffirms the vital role ECI plays in supporting the UAE's non-oil exports through innovative financing solutions that drive national economic growth and promote the diversification of the country's exports.' Her Excellency added: 'This award reflects our successful efforts in executing a strategic, first-of-its-kind transaction in collaboration with our valued partners – Abu Dhabi Exports Office, First Abu Dhabi Bank, and Natixis. The initiative is a significant step towards expanding the country's exports of essential commodities and highlights the competitiveness of the UAE's investment and trade environment. We remain committed to strengthening partnerships with international institutions and delivering value-added services that empower Emirati companies to expand confidently into global markets.' The TXF Global 2025 conference featured several high-level sessions and discussions on the future of trade finance, sustainable financing solutions for green projects, and experiences of export credit agencies around the world. During the conference, ECI held bilateral meetings with international stakeholders, exploring new collaboration opportunities with financial institutions, development banks, and other financing agencies.

Etihad Credit Insurance (ECI) wins ‘Deal of the Year' award during its participation as strategic sponsor at TXF Global 2025 conference in Copenhagen
Etihad Credit Insurance (ECI) wins ‘Deal of the Year' award during its participation as strategic sponsor at TXF Global 2025 conference in Copenhagen

Mid East Info

time12-06-2025

  • Business
  • Mid East Info

Etihad Credit Insurance (ECI) wins ‘Deal of the Year' award during its participation as strategic sponsor at TXF Global 2025 conference in Copenhagen

Etihad Credit Insurance ECI, the UAE's federal export credit company, participated as a strategic sponsor in the TXF Global 2025 conference, held in Copenhagen, Denmark, from June 10 to 12, 2025. As one of the world's leading international trade and project finance conferences, the event brought together over 1,500 participants from export credit agencies, project finance experts and leaders from around the globe. The participation and recognition emphasized ECI's ongoing commitment to enhancing its global presence and strengthening its position as a key enabler of the UAE's non-oil exports while supporting the 'We the UAE 2031' vision, which seeks to double the volume of UAE exports and expand its base in global markets, by building more financial partnerships. During the event, ECI was honored with the 'TXF Commodity Trader Export Finance Deal of the Year 2024' award in recognition of its pivotal role in supporting the exports of Trafigura, one of the world's leading companies in the commodities sector. The award highlights a successful collaboration between ECI, Abu Dhabi Exports Office (ADEX), First Abu Dhabi Bank (FAB), and Natixis Corporate & Investment Banking (Natixis CIB), aimed at facilitating Trafigura's global acquisition of non-oil UAE-originated commodities and enhancing the integration of UAE products into international supply chains. Her Excellency Raja Al Mazrouei, CEO of Etihad Credit Insurance, said: 'Our participation in TXF Global 2025, a key platform in the export finance sector, underscores ECI's dedication to cultivating and strengthening strategic alliances as well as keeping pace with the evolving global trade dynamics. Receiving the 'Deal of the Year' award reaffirms the vital role ECI plays in supporting the UAE's non-oil exports through innovative financing solutions that drive national economic growth and promote the diversification of the country's exports.' Her Excellency added: 'This award reflects our successful efforts in executing a strategic, first-of-its-kind transaction in collaboration with our valued partners – Abu Dhabi Exports Office, First Abu Dhabi Bank, and Natixis. The initiative is a significant step towards expanding the country's exports of essential commodities and highlights the competitiveness of the UAE's investment and trade environment. We remain committed to strengthening partnerships with international institutions and delivering value-added services that empower Emirati companies to expand confidently into global markets.' The TXF Global 2025 conference featured several high-level sessions and discussions on the future of trade finance, sustainable financing solutions for green projects, and experiences of export credit agencies around the world. During the conference, ECI held bilateral meetings with international stakeholders, exploring new collaboration opportunities with financial institutions, development banks, and other financing agencies.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store