ECI Launches ‘Xport Xponential’ Initiative to Boost UAE Exporters

UAE, 24 July, 2024 : Etihad Credit Insurance (ECI) is inviting UAE-based manufacturers, exporters, and re-exporters to join its new initiative, ‘Xport Xponential.’ This program, open for registration until September 25, 2024, aims to help companies expand globally with streamlined procedures, innovative financing solutions, strategic consultancy, and robust risk management tools.

Participants will gain access to a network of local and international partners and a global database of over 300 million companies, particularly in markets linked through Comprehensive Economic Partnership Agreements (CEPAs). ECI will also run promotional campaigns in India, Indonesia, and Turkey to enhance collaboration and connectivity among partners and qualified importers.

To qualify, companies must be UAE-registered with audited financial data for the past three years, have annual revenues between AED 10 million and AED 250 million, and be involved in or planning to engage in export activities. ECI will conduct on-site visits for membership evaluation, with the final list of eligible companies announced by October 2024.

Raja Al Mazrouei, CEO of ECI, encouraged companies to take advantage of the program to explore new international markets and enhance their export reach. The initiative is supported by various federal and local entities, including the Abu Dhabi Department of Economic Development and several banks, such as Emirates Development Bank and Abu Dhabi Commercial Bank.

Source : www.zawya.com