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6/30/25, 9:10 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

By PR News Desk 25/06/2025

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.

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.”

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