Page 52 - ETIHAD CREDIT INSURANCE PR REPORT - MAY 2024

6/4/24, 4:38 PM Etihad Credit Insurance’s ‘Xport Xponential’ initiative to boost UAE exports
Etihad Credit Insurance’s ‘Xport Xponential’ initiative to boost UAE exports
Xport Xponential offers beneficiaries comprehensive credit facilities, innovative financial
solutions

ECI targets UAE-based companies with audited financial statements for at least three years and an annual turnover ranging from
AED10 million to AED250 million in the previous fiscal year
Etihad Credit Insurance (ECI) has launched its ‘Xport Xponential’ initiative, a strategic effort
designed to support the exports of UAE-based companies. The announcement was made during the
3rd edition of ‘Make it in the Emirates Forum 2024’ in Abu Dhabi.
What does the initiative do?
The ‘Xport Xponential’ initiative supports UAE-based businesses engaged in the export or re-export
of non-oil products, with a special focus on small and medium-sized enterprises (SMEs). Through
this initiative, Etihad Credit Insurance aims to provide beneficiaries with access to innovative
financial solutions through partnerships with the financial and banking sectors.
Additionally, the initiative offers access to a vast database of over 300 million companies worldwide
and provides significant facilities to enter the markets of countries that are part of the
Comprehensive Economic Partnership Agreements (CEPA).
Vast partner network
The ‘Xport Xponential’ initiative’s partner network spans various federal and local entities,
including the Department of Economy and Tourism in Dubai; Ajman Economic Development
Department; Fujairah Department of Industry and Economy; Khalifa Fund for Enterprise
Development and Ras Al Khaimah Economic Zones (RAKEZ). Additionally, the financial and
banking partners of the initiative include the Emirates Development Bank (EDB), Abu Dhabi
Commercial Bank (ADCB), Dubai Commercial Bank (CBD), Ajman Bank, Ras Al Khaimah Bank,

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