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5/31/24, 2:36 PM Etihad Credit Insurance launches ‘Xport Xponential’ initiative to boost national exports in foreign markets - Middle East Business N…
Etihad Credit Insurance launches

‘Xport Xponential’ initiative to boost

national exports in foreign markets

May 29, 2024 19

Bin Touq: Xport Xponential marks a significant step towards boosting the growth of UAE
exports, supporting their competitiveness, and creating new opportunities for exporters in key

sectors within the country in line with the “We the UAE 2031” vision.

Xport Xponential offers beneficiaries comprehensive credit facilities, innovative financial
solutions, and access to a database with over 300 million companies worldwide.

Abu Dhabi : Etihad Credit Insurance (ECI), the UAE Federal export credit company, launched

its pioneering ‘Xport Xponential’ initiative, a strategic effort designed to support the exports of
UAE-based companies and contribute to the sustainability and resilience of the national

economy as well as diversify its resources. This major announcement was made during the
rd
3 edition of ‘Make it in the Emirates Forum 2024.’

His Excellency Abdulla Bin Touq Al Marri, Minister of Economy and Chairman of the Board of
Directors of Etihad Credit Insurance, said: “The launch of the ‘Xport Xponential’ initiative is a

significant step towards boosting the growth of UAE exports and strengthening their
competitiveness in international markets. This initiative introduces an innovative trade and

insurance platform, creating new opportunities for UAE-based exporters to increase their
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

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