Protects investors, lenders and contractors against political risks that may occur in Arab countries hosting their investments or projects
Protects exporters against the risk of default of payment of an importer/a local buyer/a payment obligor due to credit or political risk occurrence
Protects Financial Institutions’ project/trade finance transactions with Arab countries against credit and political risks
Offering additional underwriting capacities to Export Credit Agencies and insurance companies by re-insuring or co-insuring credit and political risks
The policy covers Arab and non-Arab cross-border investments in Arab countries including total project ownership, equity and investment portfolios. The cover is provided for 10 years and can be extended to 15 years if justified by the nature of the project. Dhaman pays 90% of the incurred loss.
The insured may reduce or cancel the coverage at any contract anniversary date.
The investor submits a free of charge Preliminary Insurance Application to insure a new or an existing investment
Dhaman provides the applicant with a non-binding indication detailing the scope of cover and the pricing
Once the NBI is accepted and the investment and financing plans are established, a definitive Application for which a fee is charged, is submitted along with the project documentation
Obtaining the approval of host country is necessary for Dhaman in order to issue the insurance contract
“Dhaman” provides the applicant with the insurance terms and conditions and the policy is signed
Maram K. Tubaileh - Investment Guarantee Unit