Page 225 - 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
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.”

The ‘Xport Xponential’ programme was launched to fulfil the dual objectives of catalysing 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 programme, out of which 10 were shortlisted based on
rigorous evaluation criteria. These companies have collectively generated AED 2.1 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 31.3 billion over the next four years across ten vital
sectors. Implemented in collaboration with 19 strategic partners, the programme exemplifies ECI’s role
in driving sustainable economic growth by connecting businesses with international opportunities and
tailored trade finance solutions.

Since the programme’s inception, ECI’s partnerships with government entities and banks have
increased by 27 per cent, reflecting its role in nurturing a robust export-enablement ecosystem that

connects the public and private sectors under a unified vision. Partnerships with leading financial
institutions have helped facilitate consistent, reliable support and access to growth-oriented funding
for UAE SMEs. ECI also hosted a workshop in January 2025 to offer the selected companies’ essential
tools and resources, further supporting their export growth journey. In addition, these companies

belong to diverse economic sectors, showcasing the program’s wide-reaching impact across key
industries.

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