Page 202 - MOE ENGLISH PR - MAY 2024
P. 202
6/3/24, 9:36 AM dayofdubai | Etihad Credit Insurance Launches 'Xport Xponential' to Boost UAE Exports
The 'Xport Xponential' initiative's partner network spans various federal and local entities,
including the Department of Economy and Tourism in Dubai, Ajman Economic
Development Department, Fujairah Department of Industry and Economy, Khalifa Fund
for Enterprise Development, and Ras Al Khaimah Economic Zones (RAKEZ). Financial
and banking partners include the Emirates Development Bank (EDB), Abu Dhabi
Commercial Bank (ADCB), Dubai Commercial Bank (CBD), Ajman Bank, Ras Al
Khaimah Bank, and Fujairah National Bank (NBF). Additional institutions and companies
from both government and private sectors are expected to join the initiative's partner list in
the next phase.
Partnership Criteria
Etihad Credit Insurance targets UAE-based companies with audited financial statements
for at least three years and an annual turnover ranging from AED 10 million to AED 250
million in the previous fiscal year. Eligible businesses must have recently ventured into
export activities from the UAE or have plans to do so.
https://www.dayofdubai.com/news/etihad-credit-insurance-launches-xport-xponential-to-boost-uae-exports#:~:text=The %27Xport Xponential%27 initi… 3/3