Page 205 - MOE ENGLISH PR - MAY 2024

6/3/24, 9:41 AM Etihad Credit Insurance launches ‘Xport Xponential’ initiative to boost national exports in foreign markets
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). Additionally, the financial and
banking partners of the initiative 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). More institutions and companies from both
government and private sectors are expected to join the initiative's partner list in the next

phase.

Partnership Criteria
The 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.

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