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7/2/25, 4:37 PM Etihad Credit Insurance announces AED 174 million funding for SME growth in partnership with four leading banks - Eye of Riyadh

Etihad Credit Insurance announces AED 174 million funding for SME growth in

partnership with four leading banks

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

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