To develop new ways of cooperation with Arab counterparts, JLGC signed on October 2nd 2005, a reinsurance agreement with the Islamic Corporation for the Investment and Export Credit ICIEC member of the IDB, the Islamic Development Bank Group based in Jeddah, Saudi Arabia.
This agreement will allow JLGC to reinsure its export guarantees with the ICIEC and increase the company's Credit Guarantee Programme potential.
On behalf of ICIEC Dr. Abdel-Rahman Taha, General Manager signed the agreement with Mr. Hammami.
