Page 127 - ETIHAD CREDIT INSURANCE PR REPORT

Page 127 - ETIHAD CREDIT INSURANCE PR REPORT - JUNE 2024

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

Since its launch, the ‘Xport Xponential’ initiative has grown its partner network to include a broad range
of federal and local entities. These include the Abu Dhabi Department of Economic Development

(ADDED); the Department of Economy and Tourism in Dubai; Ajman Economic Development
Department; Fujairah Department of Industry and Economy (IEDFUJ); Khalifa Fund for Enterprise
Development (KFED); Ras Al Khaimah Economic Zones (RAKEZ); Dubai Airport Freezone (DAFZ); and
Sharjah Chamber of Commerce and Industry (SCCI).

The initiative also includes Emirates Development Bank (EDB); Abu Dhabi Commercial Bank (ADCB);
First Abu Dhabi Bank (FAB); Dubai Commercial Bank (CBD), Ajman Bank, the National Bank of Ras Al
Khaimah (RAKBANK), and Fujairah National Bank (NBF) among its financial and banking partners.
More institutions and businesses from both government and private sectors will likely be added to the
initiative's partner list in the subsequent phases.

In addition to introducing the advantages and innovative insurance plans that Etihad Credit Insurance
offers, the workshop highlighted the company's commitment to broadening the pool of beneficiaries of
the ‘Xport Xponential’ initiative. It also assisted in discovering common strategies to improve the growth
and sustainability of the domestic economy by boosting exports and non-oil foreign trade.

-Ends-