Page 273 - MOET ENGLISH PR REPORT - JUNE 2025

6/26/25, 8:41 AM Etihad Credit Insurance Announces AED 174 Million Funding Raised For SME Growth In Partnership With Four Leading Banks

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.”

On her part, H.E. Raja Al Mazrouei, CEO of Etihad Credit Insurance, highlighted

ECI's role in empowering UAE-based businesses to compete on a global level.
Her Excellency stated that 'Xport Xponential' serves as a dynamic platform for
local businesses and potential importers to connect. H.E. 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.

Her Excellency 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

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