Page 91 - ECI PR REPORT JANUARY 2025
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1/24/25, 8:54 AM Latest News
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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