Page 87 - ETIHAD CREDIT INSURANCE PR REPORT - JULY 2024

7/25/24, 9:41 AM ECI Calls On UAE-Based Manufacturers, Exporters And Re-Exporters To Capitalise On Its 'Xport Xponential' Initiative For Global E…

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 membership, the ECI 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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