A senior official at Export Credit Insurance Company of the Emirates, ECIE, mentioned that the agency has not witnesses any evasion in last year's payment, which is a signal to the recovering and development stage of the market.
According to the Managing Director and Chief Executive Officer of ECIE, Saed Al Awadi, one of our goals is to increase exports, and one way to develop that is by insuring non-payment by a company. But we have not had any claims yetâ. ECIE, which was launched in October 2008, has registered a turnover of Dh1.2 billion in its first year and has mentioned that it is aiming for big growth in 2010. We are sustaining and increasing them," he said.
Dubai
Dubai Exports To Witness A 23% Increase Over 2008
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