Page 55 - ETIHAD CREDIT INSURANCE PR REPORT - JUNE 2025
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6/26/25, 8:40 AM Etihad Credit Insurance announces Dhs174m funding raised for SMEs
entrepreneurial ecosystem by facilitating investment and talent attraction.
Bin Touq stated: “The ‘Xport Xponential’ programme plays a pivotal role in advancing the UAE’s
ongoing efforts to increase the contribution of small and medium-sized enterprises to the
country’s non-oil GDP. It also directly supports the objectives of the ‘We the UAE 2031’ national
strategy, which aims to increase non-oil exports to Dhs 800 billion and expand foreign trade
volume to Dhs 4 trillion by the next decade. Moreover, with export and re-export activities
between the UAE and countries with which we have Comprehensive Economic Partnership
Agreements (CEPA), already exceeding Dhs 390.5 billion, the initiative leverages existing trade
momentum to help SMEs unlock the untapped potential of these markets, particularly as the
UAE continues to expand its economic and trade partnerships with key strategic markets
worldwide.”
On her part, Raja Al Mazrouei, CEO of Etihad Credit Insurance, highlighted ECI’s role in
empowering UAE-based businesses to compete on a global level. Her Excellency stated that
‘Xport Xponential’ serves as a dynamic platform for local businesses and potential importers to
connect. Al Mazrouei further stated that the programme identifies high-potential export markets
for a wide range of products, allowing small businesses to expand globally with greater ease
and confidence.
She added: “ECI’s ‘Xport Xponential’ programme aligns with the UAE’s strategic vision to
diversify its revenue sources away from oil. It offers integrated financial and insurance solutions,
particularly to SMEs, enabling them to scale internationally, while mitigating major export-related
risks.”
Futoon Hamdan AlMazrouei, Group Head of Personal, Business, Wealth and Privileged Client
Banking Group at First Abu Dhabi Bank (FAB) said: “First Abu Dhabi Bank is pleased to be a
banking partner of “ECI’s Xport Xponential programme”, an initiative that reflects the UAE’s
strategic vision for 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.”
On the collaboration, 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
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