Page 85 - ETIHAD CREDIT INSURANCE PR REPORT - JUNE 2025
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6/26/25, 8:42 AM Etihad Credit Insurance Announces AED 174 Million Funding For SME Growth In Partnership With Four Leading Banks - UrduPoint
of ECI’s banking partners: First Abu Dhabi Bank,
Commercial Bank of Dubai, Ajman Bank, and Al Maryah Community Bank. ECI
also remains committed to securing similar funding and capital for SMEs in
collaboration with its other banking partners.
The programme’s closing ceremony was held under the patronage of 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.
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, Raja Al Mazrouei, CEO of Etihad Credit Insurance, highlighted
ECI’s role in empowering UAE-based businesses to compete on a global level.
She 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.
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