Page 198 - KHALIFA FUND PR REPORT JUNE 2025
P. 198
6/30/25, 9:06 AM Etihad Credit Insurance raises Dh174 million for SME growth | Khaleej Times
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 Dh2.1 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 Dh31.3 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.
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 Dh800 billion and expand foreign trade volume
to Dh4 trillion by the next decade. Moreover, with export and re-export activities between the UAE and countries with which we
have Comprehensive Economic Partnership Agreements (CEPA), already exceeding Dh390.5 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.”
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
https://www.khaleejtimes.com/business/etihad-credit-insurance-raises-dh174-million-for-sme-growth 2/4

