Page 90 - 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 | Pakistan …

Etihad Credit Insurance Announces AED 174 Million

Funding For SME Growth In Partnership With Four

Leading Banks

12 hours ago

(Pakistan Point News - 25th Jun, 2025) DUBAI, 25th June, 2025 (WAM) – Etihad Credit
Insurance (ECI), the UAE’s Federal export credit company, announced the impact of its ‘Xport
Xponential’ programme, which has helped raise AED 174 million in funding to support the
growth of SMEs, during the closing ceremony of the programme. The working capital was raised
with the support of four 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.

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