Page 126 - ETIHAD CREDIT INSURANCE PR REPORT - JUNE 2024

6/20/24, 12:11 PM Etihad Credit Insurance organises workshop to review next phases of ‘Xport Xponential’ initiative

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.”

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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
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