Enhancing Credit Assessment in Trade, Transport, and Logistics
Etihad Credit Bureau, a leading credit reference agency, has signed a Memorandum of Understanding (MoU) with 7X, one of the largest trade, transport, and logistics investment and holding groups in the region. The MoU opens access for 7X and its subsidiaries to Etihad Credit Bureau’s advanced credit data platform to evaluate the credit security and stability of their business partners.
PC: Economy Middle East
The MoU was signed on Wednesday by Abdulla Mohammed Alashram, Group CEO of 7X, and Marwan Ahmad Lutfi, Director-General of Etihad Credit Bureau, during a formal ceremony held at 7X headquarters. The signing event was attended by senior management representatives from both organisations. Strengthening Digital Integration and Efficiency.
Abdulla Mohammed Alashram, Group CEO of 7X, said of the partnership, “This partnership reflects commitment to fully integrating with government services for further efficiency in operational strength and betterment of our position in trade, transport, and logistics. This is another milestone in our journey of digital transformation, which has reasserted our commitment to innovation and excellence.”
Alashram also pointed out that meaningful collaborations with both public and private entities add value. He indicated that 7X values the role of meaningful collaborations with public and private entities, and they look forward to working closely with Etihad Credit Bureau to unlock new opportunities for success and further elevate the UAE’s position on the global stage.
Enabling Informed Financial Decisions
Marwan Ahmad Lutfi, Director-General of Etihad Credit Bureau, welcomed the partnership as it aligns with the Bureau’s mission for empowerment, equipping organisations with reliable credit information. He said, “We are pleased to partner with 7X in line with our vision of equipping government entities with crucial credit information to strengthen their credit, collection, and auditing policies and frameworks.”
He added, “By facilitating seamless digital integration, we aim to simplify access to credit information, further enabling organisations to make well-informed and strategic financial decisions.”
Advancing UAE’s Vision Through Collaboration
The collaboration truly is reflective of the joint commitment of 7X and Etihad Credit Bureau to align with forward-thinking vision by the UAE leadership. It underlines the importance of public-private sector cooperation and calls for innovative, operational excellence, and sustainable growth in key industries.
This partnership showcases the series of continuous efforts aimed at making the UAE a global leader in trade, transport, and logistics, through the fostering of strategic partnerships and cutting-edge technological integration.
