Page 73 - ETIHAD CREDIT INSURANCE PR REPORT - JUNE 2025

6/26/25, 8:41 AM Etihad Credit Insurance Announces AED 174 Million Funding Raised For SME Growth In Partnership With Four Leading Banks
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 AED 2.1 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 AED 31.3 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 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 companies belong to diverse economic sectors,
showcasing the program'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 and Economy. Its
financial and banking partners include Emirates Development Bank, Abu Dhabi
Commercial Bank, First Abu Dhabi Bank, Commercial Bank of Dubai, Ajman
Bank, RAKBANK, National Bank of Fujairah, International Development Bank,
Wio Bank, Al Maryah Community Bank and Reem Finance. It is also worth noting
that since its inception, ECI has insured AED 21 billion in support of local exports

and completed underwriting for premiums totalling AED 447 million.

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