Etihad Credit Insurance (ECI), the UAE’s national export recognition company, has announced the joining of Reem Finance, a starring institution successful the UAE’s fiscal services industry, to the strategical web of its Xport Xponential programme partners.
This collaboration, formalised done the signing of a Memorandum of Understanding (MoU) betwixt H.E. Raja Al Mazrouei, CEO of ECI, and Seraj Tariq Faidi, CEO of Reem Finance, is acceptable to supply UAE businesses with enhanced fiscal solutions to substance their planetary commercialized ambitions and thrust sustainable growth. This concern volition further fortify the Xport Xponential initiative, introduced by ECI past twelvemonth to bolster UAE-based businesses’ export, re-export and planetary commercialized operations, supporting economical diversification, sustainability and resilience.
H.E. Al Mazrouei emphasised ECI’s continuous efforts to grow its strategical partnerships done the Xport Xponential initiative, which seeks to boost the ratio of company’s recognition enactment tools and assistance them entree a wider scope of planetary and determination markets.
H.E. Al Mazrouei added: “We are pleased to spouse with Reem Finance done the Xport Xponential initiative, which highlights our shared committedness to enhancing bilateral collaboration and empowering a divers scope of clients. At ECI, we are focused connected strengthening our partnerships and processing a broad recognition solutions model that assists UAE companies successful expanding into some determination and planetary markets. Additionally, we purpose to enactment non-oil nationalist exports, which are captious to the economy. This effort contributes to the nationalist extremity of raising the country’s non-oil exports to AED 800 cardinal by the adjacent decade, successful alignment with the ‘We the UAE 2031’ vision.”
Seraj Tariq Faidi, CEO of Reem Finance, said, “We are arrogant to articulation the Xport Xponential inaugural arsenic a strategical partner. We judge that this concern volition play a captious relation successful enhancing the capacities of UAE companies by offering innovative financing solutions to grow into planetary and determination markets. At Reem Finance, we stay committed to supporting the nationalist system by enabling section businesses to research caller opportunities for collaboration and fortify their competitory edge. Our concern with ECI reflects our communal committedness to accelerating exports and driving economical maturation successful the UAE.”
Furthermore, this concern with Reem Finance provides participating companies with casual entree to fiscal resources, thereby broadening their enactment web and allowing them to grow into caller markets with the backing of salient fiscal institutions.
Reem Finance volition beryllium added to Xport Xponential’s immense spouse list, which includes assorted national and section entities, specified arsenic the Abu Dhabi Department of Economic Development, Khalifa Fund for Enterprise Development, Department of Economy and Tourism successful Dubai, Dubai Airport Freezone, Sharjah Chamber of Commerce and Industry, Ajman Department of Economic Development, Ras Al Khaimah Economic Zone (RAKEZ) and Department of Industry and Economy - Fujairah. Additionally, it includes fiscal and banking institutions, specified arsenic Emirates Development Bank (EDB), Abu Dhabi Commercial Bank (ADCB), First Abu Dhabi Bank (FAB), Commercial Bank of Dubai, Ajman Bank, the National Bank of Ras Al Khaimah, the National Bank of Fujairah (NBF), International Development Bank (IDB), Wio Bank PJSC and Al Maryah Community Bank.
Follow Emirates 24|7 connected Google News.