Page 87 - ETIHAD CREDIT INSURANCE PR REPORT - JUNE 2025

6/26/25, 8:42 AM Etihad Credit Insurance Announces AED 174 Million Funding For SME Growth In Partnership With Four Leading Banks - UrduPoint
Our participation reflects Ajman Bank’s unwavering commitment to supporting

the UAE’s national agenda, particularly Ajman Vision 2030 and We

the UAE 2031, by providing Sharia-compliant financing solutions that enable
local businesses to scale internationally. The AED 174 million in funding

collectively raised through this initiative is a powerful testament to the strength

of public-private sector collaboration. We will continue to build on this

momentum by enabling innovative trade finance and expanding our role as a

catalyst for sustainable economic development.”

Mohammed Wassim Khayata, CEO of Al Maryah Community Bank,

commented: “We are proud to partner with Etihad Credit Insurance on the

‘Xport Xponential’ programme, which represents a significant milestone in

empowering the UAE’s SMEs to access global markets with confidence. At Al

Maryah Community Bank, we are committed to offering fully digital, fast, and
innovative financing solutions that simplify exporters’ daily operations and

enhance their global competitiveness.

This initiative not only aligns with the UAE’s vision to diversify its economy and

boost non-oil exports but also opens new opportunities for local businesses in

vital sectors to thrive internationally. We look forward to continuing our
collaboration with ECI to ensure that manufacturers and exporters are

equipped with the tools, knowledge, and capital they need to scale beyond

borders.”

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

https://www.urdupoint.com/en/middle-east/etihad-credit-insurance-announces-aed-174-mil-2003176.html 4/6