Inter-Arab Investment and Export Guarantee Corporation

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Inter-Arab Investment and Export Guarantee Corporation

Also called the IAIGC or DHAMAN. The IAIGC provides guarantees for foreign direct investment in the Arab world against non-commercial risks, which makes it safer to invest in Arab countries. It also provides export credit to Arab countries exporting to other countries. Members include most Arab countries and several Arab banks. It was established in 1974.
References in periodicals archive ?
Cet accord paraphe par Dr Abdelhay Chouikha, conseiller de la direction generale de DHAMAN, octroie a Attijari Bank Tunisie une assurance de credit a l'export pour les biens d'origine arabe, exportes de la Tunisie vers l'Europe.
The fund has recently contributed to increasing the capital of DHAMAN with 25 per cent of the planned increase.
In addition, the Board of Director's recommendations were declared on the appointment of auditors for the year 2015 and determining their fees, the Authority's investment operations programme for the year 2015 - 2016, the contribution to the increase in the capital of DHAMAN, as well as the regulations and mechanisms to subscribe to shares that haven't been subscribed to yet.
The partnership will see DHAMAN provide technical, human resources and marketing support to EDC.
The technical support provided by DHAMAN will reinforce EDC's underwriting strategy.
The meeting of DHAMAN in its 40th session discussed a number of topics such as the implementation of the 3rd Arab summit for economic and social development decisions regarding the increase in the capital of joint Arab financial institutions, the increase of Qatar's share with the institution's current capital, reappointing the auditors for the fiscal year 2013 in addition to reviewing the annual report of the Board of Directors for the year 2012, the institution's work and the adoption of auditors' report for the fiscal year 2012.
The meeting of DHAMAN in its 40th session will discuss a number of topics such as the implementation of the 3rd Arab summit for economic and social development decisions regarding the increase in the capital of joint Arab financial institutions, the increase of Qatar's share with the institution's current capital, reappointing the auditors for the fiscal year 2013 in addition to reviewing the annual report of the Board of Directors for the year 2012, the institution's work and the adoption of auditors' report for the fiscal year 2012.
DHAMAN aims to promote capital mobility into Arab countries and to enhance Arab exports worldwide.
DHAMAN Investment Guarantee scheme provides protection for Arab and Non Arab investments in member countries against non-commercial risks: Nationalization and expropriation, Transfer, Military actions and civil disturbances, Breach of Contract.