Page 71 - ETIHAD CREDIT INSURANCE PR REPORT - MAY 2024

6/4/24, 4:37 PM PRESSR: Etihad Credit Insurance launches ‘Xport Xponential’ initiative to boost national exports in foreign markets — TradingView …
partners, building on the trust and cooperation established by the

Comprehensive Economic Partnership Agreements (CEPA).”

Qualitative Partnerships with Strategic Dimensions

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,
and Fujairah National Bank (NBF). More institutions and companies from both

government and private sectors are expected to join the initiative's partner list

in the next phase.

Partnership Criteria

The Etihad Credit Insurance targets UAE-based companies with audited financial

statements for at least three years and an annual turnover ranging from AED 10

million to AED 250 million in the previous fiscal year. Eligible businesses must

have recently ventured into export activities from the UAE or have plans to do
so. To apply, visit: https://www.eci.gov.ae/en/xponential-program.

-Ends-

https://www.tradingview.com/news/reuters.com,2024-05-29:newsml_Zaw79NVHQ:0-pressr-etihad-credit-insurance-launches-xport-xponential-initiativ… 3/3