Page 140 - ECI PR REPORT JANUARY 2025

1/10/25, 8:55 AM ECI and Al Maryah Community Bank Sign MoU to Elevate ‘Xport Xponential’ Initiative and Drive Economic Growth
This initiative plays a crucial role in enhancing the UAE’s economic growth and exploring new avenues
for UAE-based export and re-export businesses. With Al Maryah Community Bank as a key partner,
we are confident that the partnership will provide innovative financial solutions and expanded credit
facilities to facilitate access to international markets.”

Mohammed Wassim Khayata, CEO of Al Maryah Community Bank, added, “We are proud to
collaborate with ECI through the ‘Xport Xponential’ initiative, which aims to simplify and digitalize
financing for exporters and re-exporters. This partnership will not only strengthen the competitiveness
of UAE exports but also enable businesses to confidently enter global markets. We are committed to

supporting manufacturers and exporters with the tools, knowledge, and financing they need to
succeed internationally.”

This strategic partnership will unlock additional financial resources for UAE-based export and re-
export companies, expanding the variety of available credit solutions. It will also improve access to
markets within nations participating in the Comprehensive Economic Partnership Agreements (CEPA)

program. The ‘Xport Xponential’ initiative will continue to benefit from strategic collaborations with both
public and private sector partners, offering an array of services including credit solutions, consulting,
risk management strategies, and access to a global database of over 400 million companies.

As part of the agreement, Al Maryah Community Bank joins a growing list of Xport Xponential

partners, including prominent entities such as the Abu Dhabi Department of Economic Development
(ADDED), Khalifa Fund for Enterprise Development (KFED), Department of Economy and Tourism in
Dubai, and Sharjah Chamber of Commerce and Industry (SCCI), as well as various national financial
institutions including the Emirates Development Bank (EDB), Abu Dhabi Commercial Bank (ADCB),

and more.

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