Page 60 - ETIHAD CREDIT INSURANCE PR REPORT - JUNE 2025
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6/26/25, 8:40 AM Etihad Credit Insurance announces Dh174 million funding for SME growth in partnership with four leading banks - Aletihad News C…
The ‘Xport Xponential’ programme was launched to fulfil the dual objectives of catalysing SMEs’ global expansion and
driving SME financing with the help of partner banks. It was introduced during the third edition of ‘Make It in the
Emirates’ (MIITE), held in May 2024, with the aim of accelerating the global expansion of UAE-based SMEs by
offering financial support and ensuring their export readiness through innovative trade finance and credit insurance
solutions.
As many as 42 companies applied for the programme, out of which 10 were shortlisted based on rigorous evaluation
criteria.
These companies have collectively generated Dh2.1 billion in turnover to date and are now targeting expansion into
four key markets—Indonesia, India, Saudi Arabia, and Oman—with a combined export potential of Dh31.3 billion over
the next four years across ten vital sectors.
Implemented in collaboration with 19 strategic partners, the programme exemplifies ECI’s role in driving sustainable
economic growth by connecting businesses with international opportunities and tailored trade finance solutions.
Since the programme’s inception, ECI’s partnerships with government entities and banks have increased by 27
percent, 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 companies belong to diverse economic sectors, showcasing the programme’s wide-reaching impact
across key industries.
Xport Xponential’s vast partner list features 19 key strategic partners, including both federal and local entities, which
are: the Abu Dhabi Department of Economic Development, Khalifa Fund for Enterprise Development, Dubai
Department of Economy and Tourism, Dubai Airport Free Zone, Sharjah Chamber of Commerce and Industry, Ajman
Department of Economic Development, Ras Al Khaimah Economic Zones, as well as Fujairah Department of Industry
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