Page 52 - ETIHAD CREDIT INSURANCE PR REPORT - JUNE 2025

6/26/25, 8:39 AM Etihad Credit Insurance raises Dh174 million for SME growth | Khaleej Times
economic diversification and sustainable growth. We are strongly aligned with the Ministry of
Economy’s mission to foster a flexible, future-ready economy and a vibrant entrepreneurial
ecosystem by enabling investment and attracting top talent. By empowering SMEs with access to
working capital and innovative trade finance solutions, we are unlocking new opportunities for global

growth. The programme strengthens the UAE’s competitiveness and supports its ambition to expand
trade across strategic international markets.”

Dr. Bernd van Linder, CEO of Commercial Bank of Dubai, stated: “Commercial Bank of Dubai is
proud to be a foundational partner in ECI’s Xport Xponential programme. With a legacy of over five
decades in backing the growth of the UAE, we continue to demonstrate our commitment today by
empowering the nation’s vibrant SME sector and creating tangible impact that supports the economic

diversification and global competitiveness of the UAE. We look forward to continuing our work with
ECI to unlock even greater opportunities for businesses across the Emirates, building on the
significant momentum already achieved.”

Mustafa Al Khalfawi, CEO of Ajman Bank, said: “We are proud to be part of the ‘Xport Xponential’
programme in collaboration with Etihad Credit Insurance, which represents a significant milestone in
empowering SMEs to access new growth frontiers. Our participation reflects Ajman Bank’s

unwavering commitment to supporting the UAE’s national agenda, particularly Ajman Vision 2030
and We the UAE 2031, by providing Sharia-compliant financing solutions that enable local
businesses to scale internationally. The Dh174 million in funding collectively raised through this
initiative is a powerful testament to the strength of public-private sector collaboration. We will

continue to build on this momentum by enabling innovative trade finance and expanding our role as a
catalyst for sustainable economic development.”

Mohammed Wassim Khayata, CEO of Al Maryah Community Bank, commented: “We are proud to
partner with Etihad Credit Insurance on the ‘Xport Xponential’ programme, which represents a
significant milestone in empowering the UAE’s SMEs to access global markets with confidence. At Al
Maryah Community Bank, we are committed to offering fully digital, fast, and innovative financing
solutions that simplify exporters’ daily operations and enhance their global competitiveness. This

initiative not only aligns with the UAE’s vision to diversify its economy and boost non-oil exports but
also opens new opportunities for local businesses in vital sectors to thrive internationally. We look
forward to continuing our collaboration with ECI to ensure that manufacturers and exporters are
equipped with the tools, knowledge, and capital they need to scale beyond borders.”

Since the programme’s inception, ECI’s partnerships with government entities and banks have
increased by 27 per cent, reflecting its role in nurturing a robust export-enablement ecosystem that

connects the public and private sectors under a unified vision. Partnerships with leading financial
institutions have helped facilitate consistent, reliable support and access to growth-oriented funding
for UAE SMEs. ECI also hosted a workshop in January 2025 to offer the selected companies’
essential tools and resources, further supporting their export growth journey. In addition, these

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