Page 97 - ECI PR REPORT JANUARY 2025

1/24/25, 8:55 AM Etihad Credit Insurance Welcomes Reem Finance as a Strategic Partner in Xport Xponential Program
The MoU was signed by H.E. Raja Al Mazrouei, CEO of ECI, and Seraj Tariq Faidi, CEO of Reem
Finance, signaling a shared commitment to bolstering UAE-based companies’ export, re-export, and
trade operations. This partnership aligns with ECI's mission to promote economic diversification,
resilience, and sustainability across the UAE.

Empowering UAE Companies In Global Trade

H.E. Al Mazrouei emphasized ECI’s dedication to expanding its strategic partnerships under the Xport
Xponential initiative. “Through this partnership with Reem Finance, we aim to empower UAE
businesses with advanced credit solutions, enabling them to access new regional and international
markets. This initiative supports the UAE’s goal of increasing non-oil exports to AED 800 billion by the

next decade, as part of the ‘We the UAE 2031’ vision,” said Al Mazrouei.

Reem Finance CEO, Seraj Tariq Faidi, expressed pride in joining the initiative. “This partnership
enhances our ability to provide innovative financing solutions that strengthen the competitive edge of
UAE businesses in global markets. Together with ECI, we are committed to accelerating exports and
driving economic growth,” said Faidi.

Expanding The Xport Xponential Network

With Reem Finance now on board, participating companies gain easier access to financial resources
and a robust support network. This enables them to explore new markets with confidence, backed by
prominent financial institutions.

The Xport Xponential initiative boasts a diverse partner network that includes 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, and Sharjah Chamber of Commerce
and Industry. Its financial partners include Emirates Development Bank (EDB), Abu Dhabi Commercial
Bank (ADCB), First Abu Dhabi Bank (FAB), and others.

This growing network underscores ECI’s commitment to building a comprehensive framework of credit

solutions and fostering partnerships that drive economic diversification and support UAE businesses in
their global ambitions.

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