Page 14 - ETIHAD CREDIT INSURANCE PR REPORT - JULY 2024

Press release

ECI calls on UAE-based manufacturers, exporters and re-exporters

to capitalise on its ‘Xport Xponential’ initiative for global expansion

Deadline for receiving applications is September 25, 2024

UAE - July 23, 2024: Etihad Credit Insurance (ECI), the UAE Federal export credit company, is

calling upon UAE-based companies to capitalise on its groundbreaking initiative, ‘Xport
Xponential’, aimed at expanding their footprint in global markets. This initiative, open for

registration until September 25, 2024, offers participating companies access to streamlined
procedures, innovative financing solutions, strategic consultancy, and robust risk management

tools.

Participants will benefit from a well-connected network of local and international partners across

government and private sectors, as well as direct access to a global database of over 300 million
companies in key global markets, particularly signatories to Comprehensive Economic

Partnership Agreements (CEPAs). Designed to support UAE exporters, re-exporters, and

manufacturers, the initiative operates in collaboration with economic development departments,
chambers of commerce, banks, and leading financial institutions in the UAE.

As part of this initiative, ECI will organise promotional campaigns in several countries, including

India, Indonesia and Turkey in October and November, aimed at enhancing collaboration among

‘Xport Xponential’ initiative partners, its affiliates, and qualified importers.

The application process for this initiative is straightforward and can be completed in minutes, as
long as interested companies are registered in the country and possess audited financial data for

the past three years. Additionally, their annual revenue for the previous fiscal year should range
between AED 10 million and AED 250 million, and they must either be currently involved in

exports or planning to engage in export activities. As part of the evaluation process for

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