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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 | Pakistan …
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.
She added: “ECI’s ‘Xport Xponential’ programme aligns with the UAE’s strategic vision to
diversify its revenue sources away from oil. It offers integrated financial and insurance solutions,
particularly to SMEs, enabling them to scale internationally, while mitigating major export-related
risks.”
Futoon Hamdan AlMazrouei, Group Head of Personal, business, Wealth and Privileged Client
Banking Group at First Abu Dhabi Bank (FAB), said: “First Abu Dhabi Bank is pleased to be a
banking partner of “ECI’s Xport Xponential programme”, an initiative that reflects the UAE’s
strategic vision for economic diversification and sustainable growth. We are strongly aligned with
the Ministry of Economy’s mission to foster a flexible, future-ready economy and a vibrant
entrepreneurial ecosystem by enabling investment and attracting top talent. By empowering
SMEs with access to working capital and innovative trade finance solutions, we are unlocking
new opportunities for global growth. The programme strengthens the UAE’s competitiveness
and supports its ambition to expand trade across strategic international markets.”
On the collaboration, Dr. Bernd van Linder, CEO of Commercial Bank of Dubai, stated:
“Commercial Bank of Dubai is proud to be a foundational partner in ECI’s Xport Xponential
programme. With a legacy of over five decades in backing the growth of the UAE, we continue
to demonstrate our commitment today by empowering the nation’s vibrant SME sector and
creating tangible impact that supports the economic diversification and global competitiveness of
the UAE. We look forward to continuing our work with ECI to unlock even greater opportunities
for businesses across the Emirates, building on the significant momentum already achieved.”
Mustafa Al Khalfawi, CEO of Ajman Bank, said: “We are proud to be part of the ‘Xport
Xponential’ programme in collaboration with Etihad Credit Insurance, which represents a
significant milestone in empowering SMEs to access new growth frontiers. 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.
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