Growth in the Value of Securing Trade, Finance and Investments in the Arab Region

(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.