Page 93 - ETIHAD CREDIT INSURANCE PR REPORT - JUNE 2025

6/26/25, 8:42 AM Etihad Credit Insurance announces $47.38mln funding for SME growth — TradingView News
Etihad Credit Insurance announces $47.38mln

funding for SME growth

Jun 25, 2025, 18:47 GMT+4Refinitiv5 min read

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Staff Writer

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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