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6/3/24, 9:41 AM Etihad Credit Insurance launches ‘Xport Xponential’ initiative to boost national exports in foreign markets
exports. It aims to support the targets of the 'We the UAE 2031' vision by reaching AED 800
billion in non-oil UAE exports by the next decade, thereby enhancing the growth and

sustainability of the UAE economy.”

Bin Touq added: “Thanks to our wise leadership, the UAE continues its efforts to build a more
diverse, sustainable, and resilient economic system. This initiative complements national
endeavors, particularly focusing on enhancing the role of non-oil industries, exports, re-

exports, and non-oil foreign trade in the country's GDP. These sectors are vital for the

transition towards the new economic model based on diversity and innovation.”

Bin Touq asserted: “Through this initiative, we aim to motivate the country's exporters to

explore growth opportunities in vital sectors and improve the access of non-oil UAE products
to global markets. This initiative extends beyond credit and risk management solutions,

offering manufacturers and exporters in the UAE consulting and strategic insights to
strengthen their export capacities.”

The ‘Xport Xponential’ initiative supports UAE-based businesses engaged in the export or re-

export of non-oil products, with a special focus on small and medium-sized enterprises
(SMEs). Through this initiative, Etihad Credit Insurance aims to provide beneficiaries with
access to innovative financial solutions through partnerships with the financial and banking

sectors. Additionally, the initiative offers access to a vast database of over 300 million
companies worldwide and provides significant facilities to enter the markets of countries that

are part of the Comprehensive Economic Partnership Agreements (CEPA).

Raja Al Mazrouei, CEO of Etihad Credit Insurance, said: “The initiative underscores our
dedication to strengthening exporters within the UAE. It signifies the importance we place on

fostering cooperation and strategic partnerships to boost the export sector in the country. This
step will enhance the export capacities of UAE-based enterprises and advance the visibility of

non-oil UAE products in targeted markets. This will be achieved through the implementation of
a comprehensive financing framework and the utilization of our extensive strategic partnership

network across the globe. Additionally, the initiative aims to enhance trade exchange routes
between the UAE and its partners, building on the trust and cooperation established by the
Comprehensive Economic Partnership Agreements (CEPA).”

Qualitative Partnerships with Strategic Dimensions

The ‘Xport Xponential’ initiative’s partner network spans various federal and local entities,

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