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6/30/25, 9:09 AM Etihad Credit Insurance announces AED 174 million funding raised for SME growth in partnership with four leading banks - Middle …
Etihad Credit Insurance announces AED 174 million funding

raised for SME growth in partnership with four leading banks

June 25, 2025

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.

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The programme’s closing ceremony was held under the patronage of H.E. 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.

H.E. 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. 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, H.E. 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. H.E. 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.

Her Excellency 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.”

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