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.

...

“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.