Success Stories
ECI Supports Trafigura with AED 367M Credit Facility to Boost UAE Trade
Strengthening the UAE’s Global Trade Position: ECI Supports Trafigura with AED 367 Million Credit Facility
Etihad Credit Insurance (ECI) is proud to support Trafigura, one of the world's leading commodity traders, in securing a landmark USD 150 million revolving credit facility in collaboration with Natixis, Abu Dhabi Exports Office (ADEX), and First Abu Dhabi Bank (FAB).
Empowering UAE’s Non-Oil Trade
Through this strategic transaction, Trafigura will source key non-oil commodities—such as metals and minerals—directly from the UAE, further integrating the nation’s resources into global supply chains. By providing a USD 100 million insurance cover, ECI enhances the visibility of the UAE’s non-oil exports and re-exports, reinforcing its role as a key hub in global trade networks.
Strategic Significance
Trafigura’s decision to expand its sourcing from the UAE underscores both its confidence in the country’s high-quality commodities and the nation’s growing importance in the global supply chain. This initiative also aligns with the UAE’s vision to diversify its economy beyond hydrocarbons and solidify its position as a major trade facilitator.
Key Transaction Highlights
- Financing Partners: Natixis, ADEX, and FAB
- Total Facility Value: USD 150 million
- ECI Cover: USD 100 million
- Facility Tenure: 2 years (door-to-door)
This milestone demonstrates ECI’s commitment to driving sustainable trade, supporting businesses in expanding their global reach, and reinforcing the UAE’s position as a world-class trading hub.