Page 82 - ECI PR REPORT JANUARY 2025

1/24/25, 8:53 AM Reem Finance joins Etihad Credit Insurance's “Xport Xponential” Program
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.
“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 AED800 billion by the next decade, in
alignment with the ‘We the UAE 2031’ vision,” Al Mazrouei added.

The partnership with Reem Finance also provides participating companies with easy access to
financial resources, thereby broadening their support network and allowing them to expand into new
markets with the backing of prominent financial institutions.
“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,” stated Faidi.

Read: UAE Central Bank reports gold reserves over $6.6 billion by end of October 2024
Enabling expansion of local businesses
ECI will add Reem Finance to Xport Xponential’s vast partner list, which includes various federal
and local entities, such as the Abu Dhabi Department of Economic Development, Khalifa Fund for
Enterprise Development, Department of Economy and Tourism in Dubai, Dubai Airport Freezone,
Sharjah Chamber of Commerce and Industry, Ajman Department of Economic Development, Ras Al
Khaimah Economic Zone and Department of Industry and Economy – Fujairah.
Additionally, it includes financial and banking institutions, such as Emirates Development Bank,
Abu Dhabi Commercial Bank, First Abu Dhabi Bank, Commercial Bank of Dubai, Ajman Bank, the

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