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6/30/25, 9:11 AM Etihad Credit Insurance Announces AED 174 Million Funding For SME Growth In Partnership With Four Leading Banks | Pakistan P…
Etihad Credit Insurance Announces AED 174 Million Funding For

SME Growth In Partnership With Four Leading Banks

5 days ago

(Pakistan Point News - 25th Jun, 2025) DUBAI, 25th June, 2025 (WAM) – 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 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.

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.”
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
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