Page 71 - ETIHAD CREDIT INSURANCE PR REPORT - JUNE 2025
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     6/26/25, 8:41 AM    Etihad Credit Insurance Announces AED 174 Million Funding Raised For SME Growth In Partnership With Four Leading Banks
        The programme's closing ceremony was held under the patronage of H.E.
        Abdulla Bin Touq Al Marri, the Minister of Economy and Chairman of the Board of
        Directors of Etihad Credit Insurance. The event aligns with the Ministry's mission
        to develop a flexible future economy and robust entrepreneurial ecosystem by
        facilitating investment and talent attraction.
        H.E. 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 AED 800 billion and expand foreign trade volume to AED 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 AED 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, H.E. 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. H.E. 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.
        Her Excellency 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
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