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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 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. 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.”

https://www.msn.com/en-ae/news/other/etihad-credit-insurance-announces-aed-174-million-
funding-for-sme-growth-in-partnership-with-four-leading-banks/ar-AA1Hpct8