Saudi JournalSaudi Journal
  • Home
  • Saudi Arabia
  • Business
  • Life
  • Technology
  • English
  • العربية
  • Submit A Press Release
Business

ISA Bullion launches next-generation digital gold trading platform to power Middle East’s gold rush

…

Business

Inception expands global reach with AI-native offerings on Microsoft’s Azure Marketplace

…

UAE initiative drives global momentum for workforce wellbeing with $1mln Human Energy Award

ENBD REIT announces Q1 NAV to 30th June 2025

Facebook Twitter Instagram Pinterest
Latest posts:
  • ISA Bullion launches next-generation digital gold trading platform to power Middle East’s gold rush
  • Inception expands global reach with AI-native offerings on Microsoft’s Azure Marketplace
  • UAE initiative drives global momentum for workforce wellbeing with $1mln Human Energy Award
  • ENBD REIT announces Q1 NAV to 30th June 2025
  • Etihad reports August 2025 traffic statistics
  • HyperPay to showcase next-generation payment solutions at Money20/20 Middle East 2025
  • First week of 28th Universal Postal Congress – Dubai 2025 successfully concludes
  • Etijah Marks 15 Years of Shaping Purposeful Careers Across the Region
Facebook Twitter Instagram Pinterest
Saudi JournalSaudi Journal
  • Home

    ISA Bullion launches next-generation digital gold trading platform to power Middle East’s gold rush

    Inception expands global reach with AI-native offerings on Microsoft’s Azure Marketplace

    UAE initiative drives global momentum for workforce wellbeing with $1mln Human Energy Award

    ENBD REIT announces Q1 NAV to 30th June 2025

    Etihad reports August 2025 traffic statistics

  • Saudi Arabia
  • Business
  • Life
  • Technology
  • English
  • العربية
  • Submit A Press Release
Saudi JournalSaudi Journal
Home » Etihad Credit Insurance launches ‘Xport Xponential’ initiative to boost national exports in foreign markets
Business

Etihad Credit Insurance launches ‘Xport Xponential’ initiative to boost national exports in foreign markets

Facebook Twitter Pinterest LinkedIn WhatsApp
Share
Facebook Twitter LinkedIn Pinterest WhatsApp

Abu Dhabi : Etihad Credit Insurance (ECI), the UAE Federal export credit company, launched its pioneering ‘Xport Xponential’ initiative, a strategic effort designed to support the exports of UAE-based companies and contribute to the sustainability and resilience of the national economy as well as diversify its resources. This major announcement was made during the 3rd edition of ‘Make it in the Emirates Forum 2024.’

His Excellency Abdulla Bin Touq Al Marri, Minister of Economy and Chairman of the Board of Directors of Etihad Credit Insurance, said: “The launch of the ‘Xport Xponential’ initiative is a significant step towards boosting the growth of UAE exports and strengthening their competitiveness in international markets. This initiative introduces an innovative trade and insurance platform, creating new opportunities for UAE-based exporters to increase their exports. It aims to support the targets of the ‘We the UAE 2031’ vision by reaching AED 800 billion in non-oil UAE exports by the next decade, thereby enhancing the growth and sustainability of the UAE economy.”

Bin Touq added: “Thanks to our wise leadership, the UAE continues its efforts to build a more diverse, sustainable, and resilient economic system. This initiative complements national endeavors, particularly focusing on enhancing the role of non-oil industries, exports, re-exports, and non-oil foreign trade in the country’s GDP. These sectors are vital for the transition towards the new economic model based on diversity and innovation.”

Bin Touq asserted: “Through this initiative, we aim to motivate the country’s exporters to explore growth opportunities in vital sectors and improve the access of non-oil UAE products to global markets. This initiative extends beyond credit and risk management solutions, offering manufacturers and exporters in the UAE consulting and strategic insights to strengthen their export capacities.”

The ‘Xport Xponential’ initiative supports UAE-based businesses engaged in the export or re-export of non-oil products, with a special focus on small and medium-sized enterprises (SMEs). Through this initiative, Etihad Credit Insurance aims to provide beneficiaries with access to innovative financial solutions through partnerships with the financial and banking sectors. Additionally, the initiative offers access to a vast database of over 300 million companies worldwide and provides significant facilities to enter the markets of countries that are part of the Comprehensive Economic Partnership Agreements (CEPA).

Raja Al Mazrouei, CEO of Etihad Credit Insurance, said: “The initiative underscores our dedication to strengthening exporters within the UAE. It signifies the importance we place on fostering cooperation and strategic partnerships to boost the export sector in the country. This step will enhance the export capacities of UAE-based enterprises and advance the visibility of non-oil UAE products in targeted markets. This will be achieved through the implementation of a comprehensive financing framework and the utilization of our extensive strategic partnership network across the globe. Additionally, the initiative aims to enhance trade exchange routes between the UAE and its partners, building on the trust and cooperation established by the Comprehensive Economic Partnership Agreements (CEPA).”

Qualitative Partnerships with Strategic Dimensions:

The ‘Xport Xponential’ initiative’s partner network spans various federal and local entities, including the Department of Economy and Tourism in Dubai; Ajman Economic Development Department; Fujairah Department of Industry and Economy; Khalifa Fund for Enterprise Development and Ras Al Khaimah Economic Zones (RAKEZ). Additionally, the financial and banking partners of the initiative include the Emirates Development Bank (EDB), Abu Dhabi Commercial Bank (ADCB), Dubai Commercial Bank (CBD), Ajman Bank, Ras Al Khaimah Bank, and Fujairah National Bank (NBF). More institutions and companies from both government and private sectors are expected to join the initiative’s partner list in the next phase.

Share. Facebook Twitter Pinterest LinkedIn WhatsApp

Related Posts

Business

ISA Bullion launches next-generation digital gold trading platform to power Middle East’s gold rush

Business

Inception expands global reach with AI-native offerings on Microsoft’s Azure Marketplace

Business

UAE initiative drives global momentum for workforce wellbeing with $1mln Human Energy Award

Business

ENBD REIT announces Q1 NAV to 30th June 2025

Business

Etihad reports August 2025 traffic statistics

Business

HyperPay to showcase next-generation payment solutions at Money20/20 Middle East 2025

Business

First week of 28th Universal Postal Congress – Dubai 2025 successfully concludes

Business

Etijah Marks 15 Years of Shaping Purposeful Careers Across the Region

Stay In Touch
  • Facebook
  • Twitter
Business

ISA Bullion launches next-generation digital gold trading platform to power Middle East’s gold rush

DUBAI, United Arab Emirates (GLOBE NEWSWIRE) — Gold prices broke all-time highs this week, surging past…

Inception expands global reach with AI-native offerings on Microsoft’s Azure Marketplace

UAE initiative drives global momentum for workforce wellbeing with $1mln Human Energy Award

ENBD REIT announces Q1 NAV to 30th June 2025

Etihad reports August 2025 traffic statistics

ISA Bullion launches next-generation digital gold trading platform to power Middle East’s gold rush

Inception expands global reach with AI-native offerings on Microsoft’s Azure Marketplace

UAE initiative drives global momentum for workforce wellbeing with $1mln Human Energy Award

ENBD REIT announces Q1 NAV to 30th June 2025

Etihad reports August 2025 traffic statistics

Stay informed with Saudi Journal, your trusted source for comprehensive coverage of news, events, and insights from Saudi Arabia and beyond. Explore diverse perspectives, stay updated, and engage with the latest stories shaping our world. Experience news like never before with Saudi Journal.

Facebook Twitter
Categories
  • Business (439)
  • Life (124)
  • Saudi Arabia (81)
  • Technology (75)
  • Uncategorized (1)
  • World (56)
    • Africa (11)
    • Asia (25)
    • Europe (5)
    • US (3)
Our Picks
Asia

Anirudh’s One Stop Study Launches Specialized Online Academic Support for UAE Students

Business

eZhire Launches Deposit-Free Car Rentals for Drivers as Young as 18

Business

Ajman Bank Launches AccelRight Business Credit Card in Partnership with Visa

© 2025 Saudi Journal.
  • Home
  • Saudi Arabia
  • Business
  • Technology
  • Life
  • English
  • العربية

Type above and press Enter to search. Press Esc to cancel.