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Government 1 min read 90 views

Etihad Credit Insurance and Dubai SME Highlight Role of Partnerships in Driving UAE SMEs’ Global Expansion

Etihad Credit Insurance (ECI), the UAE’s federal export credit company, joined forces with The Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), part of the Dubai Department of Economy and Tourism (DET), to host a joint workshop aimed at accelerating the international growth of Emirati small and medium-sized enterprises (SMEs).

The event, held under the theme “Exploring a Partnership to Boost Emirati SMEs’ Export Growth,” emphasized the significance of strategic collaboration in enhancing the UAE’s export sector.

Hamad Al Omran, Head of Strategy & PMO at ECI, outlined how ECI’s partnerships are enabling UAE companies to expand globally. He highlighted the “Xport Xponential” program, designed to provide SMEs with end-to-end support — including credit and financing solutions, export advisory services, and risk management tools. Delivered through a strong public-private network, the program also grants access to a global database of over 400 million companies.

The workshop further examined the role of the UAE’s Comprehensive Economic Partnership Agreements (CEPAs), of which 28 have been signed to date. These agreements have boosted the nation’s export and re-export activities, which have now reached approximately USD 603 billion. By reducing tariffs, simplifying customs procedures, and creating transparent trade frameworks, CEPAs continue to reinforce the UAE’s position as a leading hub for global commerce and logistics.

Adding practical perspectives, four SME clients of ECI — IPACK, UNIGULF Airconditioning Industries LLC, UROOJ Middle East FZE, and Gulf Printing and Packaging Co. L.L.C. — shared their success stories. They highlighted how ECI’s credit solutions mitigated non-payment risks and enabled them to pursue international opportunities with greater confidence.

The workshop brought together representatives from government, finance, and industry to reaffirm the role of SMEs as vital contributors to the UAE’s non-oil trade growth. Discussions underscored the importance of public-private partnerships in boosting global competitiveness, driving innovation, and ensuring sustainable success for Emirati businesses on the world stage.

Etihad Credit InsuranceDubai SMEUAE exportsXport Xponential programComprehensive Economic Partnership AgreementsUAE SMEsnon-oil tradeexport growthglobal trade hubEmirati businesses

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