Standard & Poor’s maintain the Rating “AA-” of “Investment Guarantee” for 2020 with Stable Outlook.

S&P Global Ratings lowered its long-term issuer and financial strength credit ratings on The Arab Investment and Export Credit Guarantee Corp. (Dhaman) to ‘AA-‘ from ‘AA’, under the revised criteria for Multilateral Lending Institutions (MLIs) issued in December 2018; while affirming Dhaman’s stable outlook.

Launching of the Master Trade Finance Insurance Policy for Financial Institutions. S&P rating agency reaffirms Dhaman’s rating, with stable Outlook.

S&P rating agency reaffirms Dhaman’s rating, with stable Outlook.

Launching of the nonhonoring of sovereign financial obligations insurance policy. S&P rating agency reaffirms Dhaman’s rating, but revised with Outlook to stable from negative.

Under Investment Guarantee Scheme, Dhaman extended covered risks to include the following non-commercial Risks: Creeping Expropriation, Business Interruption and Terrorism and Sabotage.

On April 2015 S&P’s rating agency reaffirms Dhaman’s “AA” rating but revised with Outlook to negative from stable

Second capital increase, both discretionary and mandatory injections.

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“Dhaman” starts providing cover against commercial risks only for sales within the same member country. Domestic credit insurance is provided as part of a portfolio that includes both exports and domestic sales.

“Dhaman” launches the Factoring insurance contract to cover lessors against the default of the lessees (commercial and non-commercial risks).

“Dhaman” extends its eligibility criteria to:

• Existing investments.
• Non-Arab investors investing in Arab Member countries.
• Exports from non-Member countries to Member countries provided the underlying transaction is developmentally sound for the Member country (commodities, food, equipment etc.).

Launching of “AMAN UNION”, the Union of Commercial & Non-commercial Risks Insurers & Reinsurers in the Arab and Islamic countries.

“Dhaman” obtains its first rating ever by S&P “AA- ,Stable outlook”.

Launching of DHAMAN’s 7-year strategy, changing DHAMAN’s profile & original name, expanding product range & scope of cover and a shift to international recognition.

“Dhaman” launches the Confirmed Documentary Credit Insurance Policy to cover confirming banks against the default of the issuing banks (commercial and non-commercial risks).

Expanding trade insurance cover to Arab exports to the rest of the World.

Launching of capital injections associated with a new strategic plan.

Commencement of insurance cover for inter-Arab trade against Commercial & Non-Commercial Risks.

“Dhaman” starts providing non-commercial risk insurance cover for inter-Arab investments.

Establishment of DHAMAN as “Inter-Arab Guarantee Corporation” as the first multilateral investment guarantee provider in the world.