Dubai, Saudi development corporations to roll out credit insurance services
The Dubai Export Development Corporation (EDC) and the Islamic Corporation for the Insurance of Investments and Export Credit (ICIEC), a member of the Islamic Development Bank Group (IDB) headquartered in the Kingdom of Saudi Arabia, have agreed to offer credit insurance facilities to manufacturers, trading organisations and, service providers in the country by providing them assurance against export credit risks in overseas markets.
The service is expected to roll out in the new year.
"Small-to-medium Enterprises in particular stand to benefit from such a Credit Insurance service which will free them from non-payment risks by
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