Page 224 - KHALIFA FUND PR REPORT JUNE 2025

6/30/25, 9:11 AM Etihad Credit Insurance Announces AED 174 Million Funding For SME Growth In Partnership With Four Leading Banks - UrduPoint
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, Raja Al Mazrouei, CEO of Etihad Credit Insurance, highlighted ECI’s role in empowering
UAE-based businesses to compete on a global level. She 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.

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