The Director General’s Message

Regional and world economic growth is based on the evolution of significant activities such as trade, financing, and investment, which are liable to political, commercial, financial, and operational risks due to global political and economic events and crises that vary in severity and reflections, depending on how, where, and when they occur.

In this context, the Arab region, over long decades, was the theater of several regional and international economic, political, and military crises and conflicts, which reflected on regional economies, particularly relevant ones.

In an endeavor to neutralize the negative impact of these events on the ability of Arab countries to develop their economies, create their investment climate to draw foreign capital, and upgrade their export capabilities, the Arab governments adopted an initiative in 1974 to establish the Arab Investment & Export Credit Guarantee Corporation (Dhaman) to provide two core services.

Firstly, to ensure investment, trade, and financing in Arab countries against political risks such as expropriation, currency inconvertibility, wars, civil disturbances, breach of contracts, and commercial risks, including importers’ default or bankruptcy.

Secondly, providing consulting and research to improve and promote the investment, trade, and business atmosphere through publications, conferences, and other activities, in collaboration with decision-makers at concerned governmental, regional, and private agencies.

During the period from its inception to late 2025, Dhaman managed to offer its diverse insurance services to the Member States through hundreds of exporters, investors, and financial institutions, with the cumulative value of its guaranteed operations having broken the $35 billion mark. Dhaman also published hundreds of annual reports, bulletins, studies, and consultation papers, and organized scores of specialized conferences and events.

Based on Dhaman’s experience as the world’s first multilateral investment guarantor, good reputation, credit rating, high financial solvency, broad client base across the region and the world, firm partnership with local, regional and international insurers and reinsurers, watertight insight and the efforts of its leadership and staff, we would keep coping with our clients’ needs, industrial development and market competition. The ultimate goal is to fulfil the development expectations of the Member States, thus positively reflecting on the people of the Arab region.

- Rashed Ahmed Al-Haroun