Page 15 - ECI PR REPORT JANUARY 2025
P. 15

Press Release





                                    In the presence of local and international entities

                  Etihad Credit Insurance hosts a workshop for companies

                              selected to join Xport Xponential initiative


               January 27, 2025:  Etihad Credit Insurance (ECI), the UAE’s  federal  export  credit  company,
               hosted a training workshop for  the  companies  selected to join its strategic initiative, Xport
               Xponential. Held at the iconic Museum of the Future, the event follows the recent announcement
               of the selected companies participating in this initiative.

               The  workshop  witnessed  the participation and  attendance of local and international  entities,
               including the initiative’s 19 federal and financial partners, as well as the selected companies that
               have now become part of the program, with the aim of providing essential insights and tools to
               support their export journey.  The workshop  was also attended by relevant government
               representatives, a distinguished lineup of experts and stakeholders, and media representatives.

               The workshop commenced with opening remarks from H.E. Raja Al Mazrouei, CEO of ECI,
               during which she underlined how the Xport Xponential initiative seeks to create new opportunities
               for export, re-export, and foreign trade activities, positioning the UAE as a key player in global
               markets, and empowering local manufacturers and exporters to strengthen their growth. H.E. Al
               Mazrouei also highlighted the initiative’s key offerings, such as a comprehensive suite of credit
               and financing solutions, in partnership with strategic partners from the public and private sectors,
               along with advisory support and access to a vast database, facilitating partnerships with potential
               buyers and importers worldwide.

               In her remarks, Her Excellency noted that the directives of the wise leadership and the UAE’s
               national development strategies serve as  roadmap for the Xport Xponential initiative.  The
               initiative's goals, she noted, align with the economic objectives of the ‘We the UAE 2031’ vision,
               which aims to raise the GDP to AED 3 trillion, increase non-oil exports to AED 800 billion, and
               raise the value of the foreign trade to AED 4 trillion within the next decade. H.E. Al Mazrouei
               concluded by reiterating ECI's steadfast commitment to raising the competitiveness of domestic
               non-oil goods, which will help diversify the UAE economy and strengthen its competitive edge at
               both regional and global levels.

               As the workshop progressed,  Dr.  Yasar  Jarrar,  Managing Partner, Gov  Campus, Author, and
               Professor (Hult International Business School), spoke about the growth trajectory of small and
               medium-sized enterprises (SMEs) in the UAE. Followed by a presentation from Mahesh Kumar,



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