Eva Steinhaus
Director, Competence Center for German Export Finance MENA Region & Pakistan
+971 (0)4 4470100 Eva.Steinhaus@ahkuae.com
Supported by the Federal Ministry of Economic Affairs and Energy (BMWE) and established within the German-Emirati Joint Council for Industry and Commerce (AHK) since September 2019, the Competence Center works side-by-side with the Federal Government’s mandatary and Export Credit Agency (ECA), Euler Hermes Aktiengesellschaft, in providing advisory services. Additional Centers have been established in Abijan and Singapore.
Close coordination of the Competence Centers’ support with the well-established advisory services by Euler Hermes in Germany seeks to insure an integrated and seamless facilitation of export business from Germany as well as in the importing country.
Our Center in Dubai has a regional mandate and services countries in the Middle East and North Africa region, as well as Pakistan.
Our services include, among others:
Advice on federal export credit guarantees for exporters and banks
We explain how the federal guarantees work and what options are available for companies and banks. The goal is to secure risks in export transactions.
Support with Hermes-covered loans and structuring
We assist in planning and implementing loans with Hermes coverage, ensuring that the financing fits the respective transaction.
Assistance with applications and coordination with federal authorities
We support the entire application process and coordinate with the relevant authorities. This saves time and prevents misunderstandings.
Relevant information on coverage policies and decisions
We provide updates on current guidelines and decisions important for export insurance, keeping all parties up to date.
Transaction-related support from initial contact to disbursement
We accompany the transaction step by step—from the first inquiry to the loan disbursement—remaining your continuous point of contact throughout.
The Federal Government’s export credit guarantees protect exporters and banks against the risks of unpaid claims in foreign transactions due to economic or political reasons. By providing export credit guarantees, which are available in a broad range of different product variants, the Federal Government takes on a large share of the risk of payment default. These credit guarantees are often what makes it possible for companies to carry out exports and to finance them. Companies receiving cover from credit guarantees pay a premium commensurate with the risk.
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