Page 92 - 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 …
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 collectively generated AED 2.1 billion in
turnover to date and are now targeting expansion into four key markets—Indonesia, India, Saudi
Arabia, and Oman—with a combined export potential of AED 31.3 billion over the next four
years across ten vital sectors. Implemented in collaboration with 19 strategic partners, the
programme exemplifies ECI’s role in driving sustainable economic growth by connecting
businesses with international opportunities and tailored trade finance solutions.

Since the programme’s inception, ECI’s partnerships with government entities and banks have
increased by 27 per cent, reflecting its role in nurturing a robust export-enablement ecosystem
that connects the public and private sectors under a unified vision. Partnerships with leading
financial institutions have helped facilitate consistent, reliable support and access to growth-
oriented funding for UAE SMEs. ECI also hosted a workshop in January 2025 to offer the
selected companies’ essential tools and resources, further supporting their export growth
journey. In addition, these companies belong to diverse economic sectors, showcasing the
program’s wide-reaching impact across key industries.

Xport Xponential’s vast partner list features 19 key strategic partners, including both federal and
local entities, which are: the Abu Dhabi Department of Economic Development, Khalifa Fund
for Enterprise Development, Dubai Department of Economy and Tourism, Dubai Airport Free
Zone, Sharjah Chamber of Commerce and Industry, Ajman Department of Economic
Development, Ras Al Khaimah Economic Zones, as well as Fujairah Department of Industry and
Economy.
Its financial and banking partners include Emirates Development Bank, Abu
Dhabi Commercial Bank, First Abu Dhabi Bank, Commercial Bank of Dubai, Ajman Bank,
RAKBANK, National Bank of Fujairah, International Development Bank, Wio Bank, Al Maryah
Community Bank and Reem Finance. It is also worth noting that since its inception, ECI has
insured AED 21 billion in support of local exports and completed underwriting for premiums
totalling AED 447 million.

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