Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)
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    • Mr. Mourad Mizouri, Secretary General of AMAN UNION and Mr. Naif bin Othman Alajroush, Director General of International & Government Relations at Saudi EXIM
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Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

AMAN UNION and Saudi Export-Import Bank (Saudi EXIM Bank) Sign Agreement for the Transfer of AMAN Union General Secretariat

AMAN UNION Secretariat General and Saudi EXIM Bank will cooperate to ensure the smooth transfer of the Union’s duties, responsibilities, records, assets, and the institutional functions of the General Secretariat

AMAN UNION General Secretariat, and the Saudi Export-Import Bank (Saudi EXIM Bank) have signed a Transfer Agreement outlining the framework for transferring the tasks and functions of the General Secretariat of the AMAN Union from AMAN UNION General Secretariat to Saudi EXIM Bank. The agreement was signed by Mr. Mourad…

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)
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    • Mrs. Ayan Bektybayeva, Deputy Chairman of the Board of KazakhExport and Dr. Khalid Khalafallah, Chief Executive Officer (CEO) of ICIEC
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Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and KazakhExport Renew Quota-Share Treaty Agreement for 2025–2026

This renewal reaffirms the long-standing partnership between the two institutions in advancing trade, investment, and economic cooperation among Organization of Islamic Cooperation (OIC) member states

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (https://ICIEC.IsDB.org), a Shariah-based multilateral insurer and member of the Islamic Development Bank Group, and KazakhExport, the Export Credit Agency of the Republic of Kazakhstan, have renewed their Quota-Share Treaty Reinsurance Agreement for the fifth consecutive year, covering the…

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)
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    • AMAN UNION Announces Winners of the 2025 4th Aman Union Awards (1)
    • AMAN UNION Announces Winners of the 2025 4th Aman Union Awards (2)
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Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

AMAN UNION Announces Winners of the 2025 4th Aman Union Awards

The AMAN Union Awards celebrate outstanding achievements and contributions among member institutions and professionals within the export credit, investment, and trade insurance sectors

The  AMAN UNION , the leading professional forum for commercial and non-commercial insurance and reinsurance companies across the member states of the Organization of Islamic Cooperation (OIC), announced the winners of the  2025 4th AMAN Union Awards  during the  15th AMAN Union Annual General Meeting , graciously hosted by the …

Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

Moody’s Reaffirms Islamic Corporation for the Insurance of Investment and Export Credit's (ICIEC) Aa3 Rating Following Periodic Review

The reaffirmation reflects Moody’s continued confidence in ICIEC’s strong financial foundation, prudent risk management, and strategic development mandate

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (https://ICIEC.IsDB.org), a Shariah-based multilateral insurer and member of the Islamic Development Bank Group, has maintained its Aa3 Insurance Financial Strength Rating (IFSR) following Moody’s Ratings’ completion of its periodic review of the Corporation. The reaffirmation reflects Moody’s continued…

African Development Bank Group (AfDB)
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    • The African Development Bank Group provides significant support to the African Risk Capacity for technical assistance to African countries in disaster risk quantification and assessment
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Source: African Development Bank Group (AfDB) |

African Development Bank approves $6 million grant to strengthen disaster risk management in Africa

Planned activities include high-level advocacy for the ratification of the ARC Treaty, finalisation of its work programmes with participating countries, and facilitation of insurance premium support

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $6 million grant to support the African Risk Capacity (ARC) in boosting disaster preparedness and risk financing across Africa over the 2025-2026 period. Approved on October 29, the grant—provided through the Bank’s African Disaster Risk Financing Initiative…

African Development Bank Group (AfDB)
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    • Mozambique Receives $2 Million Insurance Premium for Drought Protection as African Risk Financing Programme Reaches $150 Million Milestone
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Source: African Development Bank Group (AfDB) |

Mozambique Receives $2 Million Insurance Premium for Drought Protection as African Risk Financing Programme Reaches $150 Million Milestone

The forum was jointly organised by the government of Mozambique and the African Development Bank to advance ADRiFi's disaster risk financing on the continent

Mozambique received a $2 million insurance premium for drought protection covering the 2025-2026 agricultural season, marking the country's third consecutive year of coverage under the African Development Bank's disaster risk financing programme (www.AfDB.org). The premium was announced during the 2025 Climate and Disaster Risk Financing Forum (CDRFI), held from October…

Source: Ministry of Planning, Economic Development, and International Cooperation - Egypt |

Minister of Planning, Economic Development, and International Cooperation in her Speech at the "People and Banks" Conference

The success and durability of this agreement are expected to open up more positive prospects for both the Egyptian and regional economies, including the resumption of activities in the Suez Canal

H.E. Dr. Rania Al-Mashat, Minister of Planning, Economic Development and International Cooperation, delivered the opening speech at the nineteenth session of the "People and Banks" Economic Conference, organized by the Arab Media Center under the auspices of the Central Bank of Egypt, under the title "Smart Economy... Secure Future." The…

Source: Republic of South Africa: The Parliament |

Higher Education Committee Resolves to Conduct Urgent Oversight Visit to the University of Fort Hare

The Chairperson of the committee, Mr Tebogo Letsie, lamented the extent of the damage and the disruption to academic activities

Following the recent student protests at the University of Fort Hare that led to the destruction of the university property, the Portfolio Committee on Higher Education has decided to conduct an urgent oversight visit to the university’s Alice Campus in the Eastern Cape on Tuesday, 21 October 2025. The Chairperson…

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)
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    • AMAN UNION and Swiss Re Host Exclusive Webinar on Environmental, Social, and Governance (ESG) Sustainability Risk Management
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Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

AMAN UNION and Swiss Re Host Exclusive Webinar on Environmental, Social, and Governance (ESG) Sustainability Risk Management

The webinar will bring together leading experts to explore the growing importance of Environmental, Social, and Governance (ESG) principles in the insurance and reinsurance industry, particularly in the context of export credit and investment insurance

The AMAN UNION, the leading professional forum for commercial and non-commercial insurance and reinsurance companies across the member states of the Organization of Islamic Cooperation (OIC), in collaboration with Swiss Re, is hosting an exclusive virtual session titled “ESG Sustainability Risk Management.” The webinar will bring together leading experts to…

Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) to Host the 15th AMAN Union Annual General Meeting in Jeddah, November 2025

The event will be hosted by the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a member of the Islamic Development Bank (IsDB) Group, at its headquarters in Jeddah, Kingdom of Saudi Arabia

The AMAN Union, the leading professional forum for commercial and non-commercial insurance and reinsurance companies across the member states of the Organization of Islamic Cooperation (OIC), will hold its 15th Annual Meeting from November 4 to 6, 2025. The event will be hosted by the Islamic Corporation for the Insurance…