Page 107 - ECI PR REPORT JANUARY 2025
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1/24/25, 9:10 AM Reem Finance joins ECI's Xport Xponential initiative
This partnership will further strengthen the Xport Xponential initiative, introduced by ECI last
year to bolster UAE-based businesses’ export, re-export and international trade operations,
supporting economic diversification, sustainability and resilience.
H.E. Al Mazrouei emphasized ECI’s continuous efforts to expand its strategic partnerships
through the Xport Xponential initiative, which seeks to boost the efficiency of the company’s
credit support tools and help them access a wider range of international and regional markets.
“We are pleased to partner with Reem Finance through the
Xport Xponential initiative, which highlights our shared
commitment to enhancing bilateral collaboration and
empowering a diverse range of clients. At ECI, we are focused
on strengthening our partnerships and developing a Raja Al Mazrouei
CEO – ECI
comprehensive credit solutions framework that assists UAE
companies in expanding into both regional and global markets. Additionally, we
aim to support non-oil national exports, which are vital to the economy. This effort
contributes to the national goal of raising the country’s non-oil exports to AED 800
billion ($217.8 billion) by the next decade, in alignment with the ‘We the UAE 2031’
vision.”
Seraj Tariq Faidi, CEO of Reem Finance, said that, “We are proud to join the Xport Xponential
initiative as a strategic partner. We believe that this partnership will play a vital role in enhancing
the capacities of UAE companies by offering innovative financing solutions to expand into global
and regional markets. At Reem Finance, we remain committed to supporting the national
economy by enabling local businesses to explore new opportunities for collaboration and
strengthen their competitive edge. Our partnership with ECI reflects our mutual commitment to
accelerating exports and driving economic growth in the UAE.”
Furthermore, this partnership with Reem Finance provides participating companies with easy
access to financial resources, thereby broadening their support network and allowing them to
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