The Islamic Firm for the Insurance Policy of Financial Investment and Export Debt (ICIEC) (http://ICIEC.IsDB.org), a Shariah-based multilateral insurance firm and important participant of the Islamic Growth Financial Institution (IsDB) Team, is happy to reveal a brand-new Memorandum of Recognizing (MoU) with ZTE Firm. This MoU was formally authorized at the IsDB Team Yearly Satisfying 2024, held at the InterContinental Resort in Riyadh, Saudi Arabia. Mr. Oussama Kaissi, Chief Executive Officer of ICIEC, and Mr. Kevin Xiao, Supervisor at ZTE, were the signatures of this critical arrangement.
This MoU concentrates on leveraging ICIEC’s insurance policy options to promote ZTE’s supply of telecommunications network devices and training to significant telecommunications drivers within ICIEC participant states. ICIEC has a tested record of helping with vital telecommunications devices supply with its particular deal insurance policy options, as shown by its effective cooperation with drivers like Uzbektelecom in Uzbekistan. We are certain that this MoU will certainly additionally improve our capability to supply sophisticated telecommunications facilities and connection to our participant specifies.
Mr. Oussama Kaissi, Chief Executive Officer of ICIEC, mentioned: “We are enjoyed reveal the growth of our collaboration with ZTE, a leading international carrier of telecom devices and network options. With the finalizing of this MoU, we intend to additionally our collaborations in strengthening the telecoms facilities within ICIEC participant states. Our cooperation will certainly utilize ICIEC’s insurance policy options and ZTE’s know-how in the supply of telecommunications network devices and understanding transfer, to supply our participant specifies with accessibility to sophisticated technical options that satisfy their advancing requirements.”
Distributed by APO Team in behalf of Islamic Firm for the Insurance Policy of Financial Investment and Export Debt (ICIEC).
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Rania Binhimd
Communication Department
Email: Rbinhimd@isdb.org
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About The Islamic Firm for the Insurance Policy of Financial Investment and Export Debt (ICIEC):
ICIEC began procedures in 1994 to enhance financial connections in between OIC Participant States and advertise intra-OIC profession and financial investments by supplying threat reduction devices and monetary options. The Firm is distinctly the only Islamic multilateral insurance firm worldwide. It has actually led from the front in supplying a detailed collection of options to firms and celebrations in its 49 Participant States. ICIEC, for the 16th successive year, preserved an “Aa3” insurance policy monetary toughness credit report score from Moody’s, placing the Firm amongst the top of the Credit report and Political Danger Insurance Policy (CPRI) Market. Furthermore, ICIEC has actually been appointed a Novice AA- long-lasting Company Credit report Ranking by S&P with Secure Expectation. ICIEC’s strength is underpinned by its audio underwriting, reinsurance, and threat administration plans. Cumulatively, ICIEC has actually guaranteed greater than US$ 108bn in profession and financial investment. ICIEC tasks are guided to particular markets– power, production, facilities, health care, and farming.
To find out more, go to: http://ICIEC.IsDB.org
