Page 18 - ETIHAD CREDIT INSURANCE PR REPORT - JUNE 2024

Press release

Etihad Credit Insurance organises workshop to review next phases

of ‘Xport Xponential’ initiative, highlights its role in shaping

comprehensive financing environment for local exporters

• H.E. Raja Al Mazrouei: Our goal is to bring about a qualitative change in the UAE's foreign
trade landscape and encourage local manufacturers and exporters to expand into new markets.

UAE – 12 June 2024: Etihad Credit Insurance (ECI), the UAE Federal export credit company,

organised a workshop to discuss the upcoming phases of the ‘Xport Xponential’ initiative. The
goal of the workshop was to discuss the practical elements that will influence the successful

execution of the initiative, the expected strategic alliances between stakeholders in the upcoming

stages, as well as its role in providing a comprehensive financing environment for local exporters.

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

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