Page 201 - KHALIFA FUND PR REPORT JUNE 2025

6/30/25, 9:06 AM Etihad Credit Insurance announces Dhs174m funding raised for SMEs
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. Her Excellency 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 Dhs 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.”

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