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.
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Al-Ibrahim said that the IAIGC is the first regional institution to offer
The IAIGC also provides advice to the Arab banks on the risks related to
The IAIGC is a regional Arab institution of an independent legal entity
The IAIGC aims at promoting investment in the Arab countries and
The index, published in the latest monthly bulletin of the Kuwaiti-based Inter-Arab Investment Guarantee Corporation (IAIGC), showed the UAE was ranked 13th in the world in terms of dealing with construction permits, 7th in getting electricity for the project, and 5th in trading across borders.
IAIGC expected it to soar by 20.9 per cent to $252.8 billion in 2012.
BEIRUT: According to official figures released by the Inter-Arab investment Guarantee Corporation (IAIGC), the global financial distress decreased capital flow into the Arab countries by nearly $10 billion in 2008 to reverse a steady growth over the past few years mainly due to high oil prices.
"From a record $72 billion in 2007, foreign direct investment (FDI) into the region plunged to nearly $62 billion in 2008, showed the figures by the IAIGC. Indeed, the global financial crisis has affected FDI movement worldwide," said a report published by Bank Audi's MENA Weekly Monitor.
IAIGC said several factors contributed to the surge in FDI in 2007, along with strong oil prices and moves by some members to improve investment laws.
In addition, privatization of the state-owned enterprises and liberalization of most service sectors have also attracted more FDI by trans-national corporations, IAIGC said in its quarterly bulletin.
"The World Bank's 2013 ease of staring business index showed that there was not a single Arab country among the 20 top nations," IAIGC said.