Page 91 - 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 | 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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