Page 79 - ETIHAD CREDIT INSURANCE PR REPORT - JULY 2024

team will conduct on-site visits to the companies. The final list of eligible companies shortlisted for
membership will be announced by October of this year.
Her Excellency Raja Al Mazrouei, Chief Executive Officer of ECI, said: “We encourage companies
involved in the manufacturing, exporting, and re-exporting sectors within the country to capitalise
on the opportunities offered by the Xport Xponential export acceleration program. In addition to its
innovative support tools, the initiative enables companies to confidently explore new international
markets and improve the reach of UAE exports in targeted markets. By leveraging innovative credit
solutions and a vast network of local and global partnerships offered by the program, participating
companies can gain access to promising business prospects in untapped markets.”
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So far, the initiative’s network of partners consists of various federal and local entities, including the
Abu Dhabi Department of Economic Development, the Khalifa Fund for Enterprise Development,
the Dubai’s Department of Economy and Tourism, Dubai Airport Freezone, the Sharjah Chamber of
Commerce and Industry, the Department of Economic Development- Ajman, Ras Al Khaimah
Economic Zones (RAKEZ), and the Fujairah Department of Industry and Economy. Additionally,
several financial and banking institutions have also joined the initiative, including the Emirates
Development Bank (EDB), Abu Dhabi Commercial Bank (ADCB), First Abu Dhabi Bank, Commercial
Bank of Dubai, Ajman Bank, the National Bank of Ras Al Khaimah, and the National Bank of Fujairah
(NBF).

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