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Inter-Arab Investment and Export Guarantee Corporation
(redirected from IAIGC)

   Also found in: Acronyms 0.01 sec.
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.


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Aa FDI flow into the Arab region is expected to decline due to several factors, including the slowdown or contraction in the economies of industrial nations, which have constituted a major source of FDI for Arab states over the past few years, said IAIGC.
The report by the Kuwaiti-based IAIGC, a key Arab League financial institution, showed 2005 recorded the highest Arab capital flow of around $37.
Besides the shared language, culture and religion of 21 member states eligible for the IAIGC, zero customs duties under the Greater Arab Free Trade Agreement also underpins regional integration.
 
 
 
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