(Union of Arab Chambers of Commerce, Beirut, 23 December 2024) Data issued by the Arab Investment and Export Credit Guarantee Corporation (Daman) showed a growth in the value of outstanding commitments to secure investment, finance, and exports directed to the Arab region by 7% to reach about $260 billion by the end of last year. According to the report, these commitments represent about 8% of the global total. According to the institution, these liabilities were distributed by 83% for export credit insurance destined for the region, 8% for insurance against political risks, and 9% for other cross-border insurance operations.
