Page 94 - 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 expansion

ECI calls on UAE-based manufacturers,

exporters and re-exporters to capitalise on its

‘Xport Xponential’ initiative for global expansion

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7/24/2024 6:08:44 AM

(MENAFN- Orient Planet Group) 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 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.

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