Page 120 - ETIHAD CREDIT INSURANCE PR REPORT - JUNE 2024
P. 120
6/20/24, 12:11 PM Etihad Credit Insurance organises workshop to review next phases of ‘Xport Xponential’ initiative, highlights its role in shaping com…
Her Excellency Raja Al Mazrouei, CEO of Etihad Credit Insurance, presented the initiative
extensively during the workshop, covering its goals, partnerships that are currently in place,
as well as the prerequisites and procedures for joining them. She also went over the key
figures and anticipated results.
Her Excellency stated, “Through this initiative, we hope to make a qualitative shift in the
UAE's foreign trade landscape and seek to support local manufacturers and exporters in
expanding into new offshore markets. At Etihad Credit Insurance Group, we reaffirm our
commitment to supporting them and prioritise all of our insurance, financing, and advisory
capabilities to help strengthen the UAE's position as an effective global economic centre and
a highly influential trade partner in the global trade segment.”
Her Excellency went on to explain how the country's goal of increasing non-oil exports to AED
800 billion and the GDP to AED 3 trillion through the ‘Xport Xponential’ initiative is a practical
manifestation of the ‘We the UAE 2031’ strategy's objectives. Additionally, it seeks to leverage
the mutual confidence and cooperation fostered by the Comprehensive Economic Partnership
Agreements (CEPAs) to boost trade between the nation and its various partners, bringing the
volume of foreign trade up to AED 4 trillion by the next decade.
The workshop also featured Haitham Al Khazaleh, Director of Risk Managment at Etihad
Credit Insurance, Majed Julfar, Director of TCI and Export Financing, and Mansoor Al Khaja,
Director of Finance and Admin. They addressed the attendees’ inquiries and responded to
their recommendations regarding the components of the initiative and the criteria for joining it.
https://menafn.com/1108324500/Etihad-Credit-Insurance-organises-workshop-to-review-next-phases-of-Xport-Xponential-initiative-highlights-its-role-in… 2/3
