Page 222 - KHALIFA FUND PR REPORT JUNE 2025

6/30/25, 9:11 AM Etihad Credit Insurance raises AED 174m for SME growth; listed banks partake - Mubasher Info
It is worth noting that the Xport Xponential program was launched to fulfill the dual objectives of catalyzing SMEs’ global expansion and driving SME
financing with the help of partner banks.
It was introduced during the third edition of ‘Make It in the Emirates’ (MIITE), held in May 2024, with the aim of accelerating the global expansion of
UAE-based SMEs by offering financial support and ensuring their export readiness through innovative trade finance and credit insurance solutions.
As many as 42 companies applied for the program, out of which 10 were shortlisted based on rigorous evaluation criteria. These companies have
collectively generated AED 2.10 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 AED 31.30 billion over the next four years across ten vital sectors. Implemented in collaboration with
19 strategic partners, the program exemplifies ECI’s role in driving sustainable economic growth by connecting businesses with international
opportunities and tailored trade finance solutions.
Since its inception, ECI has insured AED 21 billion in support of local exports and completed underwriting for premiums totaling AED 447 million.

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