Page 89 - ECI PR REPORT JANUARY 2025

1/24/25, 8:54 AM Etihad Credit Insurance announces the joining of Reem Finance to “Xport Xponential” Program partners - Middle East Business Ne…
H.E. Al Mazrouei added: “We are pleased to partner with Reem Finance through the Xport
Xponential initiative, which highlights our shared commitment to enhancing bilateral

collaboration and empowering a diverse range of clients. At ECI, we are focused on
strengthening our partnerships and developing a comprehensive credit solutions framework

that assists UAE companies in expanding into both regional and global markets. Additionally,
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 AED 800 billion by
the next decade, in alignment with the ‘We the UAE 2031’ vision.”

Seraj Tariq Faidi, CEO of Reem Finance, said, “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. At Reem Finance, we remain committed to supporting the

national economy by enabling local businesses to explore new opportunities for collaboration
and strengthen their competitive edge. Our partnership with ECI reflects our mutual

commitment to accelerating exports and driving economic growth in the UAE.”

Furthermore, this partnership with Reem Finance 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.

Reem Finance will be added 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 (RAKEZ) and Department of Industry and

Economy – Fujairah. Additionally, it includes financial and banking institutions, such as
Emirates Development Bank (EDB), Abu Dhabi Commercial Bank (ADCB), First Abu Dhabi Bank
(FAB), Commercial Bank of Dubai, Ajman Bank, the National Bank of Ras Al Khaimah, the

National Bank of Fujairah (NBF), International Development Bank (IDB), Wio Bank PJSC and Al
Maryah Community Bank.

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