Page 136 - ECI PR REPORT JANUARY 2025
P. 136
1/10/25, 8:54 AM Xport Xponential initiative gets further boost
in key sectors within the country, in line with the UAE Vision 2031. Through this partnership, we
will facilitate these businesses’ entry into global markets with more confidence than ever before.”
Additional resources
The partnership will open up an additional financial source for the UAE’s export and re-export
companies, further expanding the range of available credit solutions. This will also facilitate better
access to markets within nations participating in the Comprehensive Economic Partnership
Agreements (CEPA) program.
Moreover, the Xport Xponential initiative leverages strategic collaborations with regional partners
from both public and private sectors to offer companies a comprehensive suite of facilities and
resources like innovative credit and financing solutions, strategic consulting, guidance from export
experts, and risk management strategies, as well as access to a database of over 400 million global
companies.
Strong line-up of partners
As a part of the agreement, Al Maryah Community Bank now joins the Xport Xponential’s partner
list which includes several notable federal and local entities, including the Abu Dhabi Department of
Economic Development (ADDED), Khalifa Fund for Enterprise Development (KFED), Department
of Economy and Tourism in Dubai, Dubai Airport Freezone (DAFZ), Sharjah Chamber of
Commerce and Industry (SCCI), Ajman Economic Development Department, Ras Al Khaimah
Economic Zones (RAKEZ), and Fujairah Department of Industry and Economy (IEDFUJ).
The list also includes financial institutions such as the Emirates Development Bank (EDB), Abu
Dhabi Commercial Bank (ADCB), First Abu Dhabi Bank (FAB), Dubai Commercial Bank (CBD),
Ajman Bank, The National Bank of Ras Al Khaimah (RAKBANK), and Fujairah National Bank
(NBF), International Development Bank (IDB), and Wio Bank PJSC.
https://economymiddleeast.com/news/etihad-credit-insurance-signs-mou-with-al-maryah-community-bank-to-boost-xport-xponential-initiative/ 2/2
