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6/26/25, 8:41 AM Etihad Credit Insurance announces AED 174 million funding raised for SME growth in partnership with four leading banks - Middle …
Etihad Credit Insurance announces AED 174

million funding raised for SME growth in

partnership with four leading banks

June 25, 2025

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.

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The programme’s closing ceremony was held under the patronage of H.E. 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.

H.E. 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.”

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