Page 216 - KHALIFA FUND PR REPORT JUNE 2025

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 …

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.”

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 AED 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.”

Mohammed Wassim Khayata, CEO of Al Maryah Community Bank, commented: “We are proud to partner with Etihad Credit
Insurance on the ‘Xport Xponential’ programme, which represents a significant milestone in empowering the UAE’s SMEs to
access global markets with confidence. At Al Maryah Community Bank, we are committed to offering fully digital, fast, and
innovative financing solutions that simplify exporters’ daily operations and enhance their global competitiveness. This initiative not
only aligns with the UAE’s vision to diversify its economy and boost non-oil exports but also opens new opportunities for local
businesses in vital sectors to thrive internationally. We look forward to continuing our collaboration with ECI to ensure
that manufacturers and exporters are equipped with the tools, knowledge, and capital they need to scale beyond borders.”

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