Page 224 - MOE ENGLISH PR - MAY 2024
P. 224
5/31/24, 2:37 PM PRESSR: Etihad Credit Insurance launches ‘Xport Xponential’ initiative to boost national exports in foreign markets — TradingVie…
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, 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
https://www.tradingview.com/news/reuters.com,2024-05-29:newsml_Zaw79NVHQ:0-pressr-etihad-credit-insurance-launches-xport-xponential-initiativ… 3/4