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Etihad Credit Insurance announces $47.38mln funding for SME growth

Jun 25, 2025, 18:47 GMT+4Refinitiv5 min read

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.”

https://www.tradingview.com/news/reuters.com,2025-06-25:newsml_Zaw5PPRF0:0-etihad-credit-
insurance-announces-47-38mln-funding-for-sme-growth/