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1/16/25, 9:11 AM Etihad Credit Insurance selects winning companies from ‘Xport Xponential’ initiative submissions

Etihad Credit Insurance selects winning

companies from ‘Xport Xponential’ initiative

submissions

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1/15/2025 8:05:54 AM

(MENAFN- Orient Planet Group)
15 January 2025: Etihad Credit Insurance (ECI), the UAE’s federal export credit company,
announced the names of winning companies that will be joining its recently launched Xport

Xponential initiative, which aims at supporting the UAE’s export sector and empowering UAE-
based companies to expand into global markets.

ECI stated that the finalists were carefully selected out of 42 companies that applied to join
the initiative within the deadline. These companies, hailing from diverse economic sectors,

successfully met the criteria established to join the initiative and will avail all benefits it offers.
The initiative aims to achieve a significant growth in export activities for the finalist companies,

commencing this year.
Xport Xponential offers an array of facilities, support services, and enabling tools, which

include innovative credit and financing solutions, strategic consulting, expert guidance, and
risk management solutions, in collaboration with a network of government and private sector

partners. The initiative also enables seamless access to a database of over 400 million global
companies.
This expansive network includes a wide variety of credit agencies, exporters and importers in

key global markets, particularly from those countries that have signed Comprehensive
Economic Partnership Agreements (CEPAs). At the end of last year, the total value of export

and re-export activities with these countries amounted to approximately AED 390.5 billion,
which facilitated significant trade and export advantages for achieving the country’s economic

objectives and positioning it as a major trade and logistics hub. This includes enhanced
access to global markets, reduced or eliminated tariffs, streamlined customs procedures,

promotion of fair trade, as well as the establishment of clear and transparent regulations.
H.E. Raja Al Mazrouei, CEO of ECI, said: “We are eager to collaborate closely with and
support the companies selected to join our Xport Xponential initiative. Our goal is to empower

businesses within the UAE’s export and re-export sectors, enhancing our role in the growth of

exports and foreign trade in the UAE.

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