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6/26/25, 8:42 AM Etihad Credit Insurance Secures AED 174 Million For SME Growth - OneArabia
programme." The bank continues its commitment by empowering SMEs and supporting economic diversification in the
UAE.
Mustafa Al Khalfawi, CEO of Ajman Bank, highlighted their participation as a significant milestone for SME empowerment.
He said their involvement reflects Ajman Bank's commitment to supporting national agendas like Ajman Vision 2030 and
We the UAE 2031 through Sharia-compliant financing solutions.
Innovative Financing Solutions
Mohammed Wassim Khayata from Al Maryah Community Bank praised their partnership with ECI on this initiative. He
commented: "We are proud to partner with Etihad Credit Insurance on the ‘Xport Xponential’ programme." The bank is
committed to offering digital financing solutions that enhance exporters' global competitiveness.
The 'Xport Xponential' programme was launched during 'Make It in the Emirates' (MIITE) event in May 2024. It aims at
accelerating global expansion for UAE-based SMEs by providing financial support and ensuring export readiness through
innovative trade finance solutions.
Programme Impact and Future Prospects
A total of 42 companies applied for participation; 10 were shortlisted based on evaluation criteria. These companies have
generated AED 2.1 billion turnover collectively so far. They are now targeting expansion into Indonesia, India, Saudi Arabia,
and Oman with an export potential worth AED 31.3 billion over four years across ten sectors.
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