Kaissi, Chief Executive Officer of ICIEC
, said, "our concerted implementation of the strategy is clearly reflected in the figures.
signed a cooperation protocol with the Ministry of Industry to study insurance of long-term and mid- term export projects and open new Egyptian markets in Africa.
The policy will help Apicorp effectively manage risks affecting its letter of credit (LC) transactions and LCs of petroleum products exports in ICIEC
The DCIP will help the bank effectively manage risks affecting its Letter of Credit (LC) transactions and LCs of petroleum products exports in ICIEC
member countries, said a statement from Apicorp, which is 17 per cent owned by the UAE government.
is also in the process of launching a Sukuk Insurance Policy, which will provide insurance cover to investors initially in sovereign Sukuk and later in other Sukuk; and a Bank Master Policy for Istisna Financing, which will protect Islamic banks against non-payment risks of obligors in Istisna financing structures especially related to the construction and project industry.
The agency agreement was signed between Eximbank Chairman Hayrettin Kaplan and ICIEC
Souza, Chief Commercial Officer; Hany A Ellatief, Credit Insurance Manager; Mohammed Feras Al Hamwi, Sales Manager; Dr Abdel Rahman Taha, ICIEC
General Manager, and Khemais El-Gazzah, ICIEC
opens office in Dubai International Financial Centre
Under the agreement, ICIEC
will reinsure commercial and political risks related to medium/long term export credit transactions, which involve Korean exporters and contractors selling capital goods and services to ICIEC
The CEO of ICIEC
, Oussaama A Kaissi said, "We will openly coordinate with the investors who are interested to invest in Indonesia, and will offer protection through export credit insurance.
CEO Osama Abdul Rahman Kaissi said the value of the credit-financing package corporation amounted to $5.
Hani Salem Sonbol, acting CEO of ICIEC
, and Masahiko Oshima, CEO of SMBC Europe, sign the MOU.