Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) will Assemble Two High-Level Parallel Events Discuss Climate Action and Digital Transformation at ISDB Group Private Sector Forum in Egypt – African Business

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The Islamic Corporation for the Insurance of Investment and Export Credits (ICIEC) is convening two special parallel events on June 2 and 3, at the IsDB Group’s Private Sector Forum, which will run at the IsDB’s 47th Annual Meetings in Sharm El-Sheikh, Egypt.

These discussions will feature senior speakers who will discuss climate action and digital transformation. These meetings will be a great opportunity to network with IsDB Group members, particularly Egypt, as it brings digitisation to bear on its ambitious Egypt Vision 2030 development goals.

Register now to be eligible for these prestigious events

June 2 [14:00-15:00] – How digital transformation can support finance and investment

Join high level speakers discussing the digital transformation of business communities in member states, with a specific concentration on ICIEC’s initiative for establishing the OIC Business Intelligence Centre (OBIC).

The importance of digitising trade and commerce is paramount – not least because it can help improve supply chain management, vital in a time of geopolitical change, and also it can be used to improve transparency and combat bad practice.  While digitizing the global trade system has been a goal for many years, there have been tangible developments in this region. Not least, the adoption by some actors of new enabling legislation (such UNCITRAL), that shows progress in digitizing physical trade, which is vital for the modern economy.

June 3 [11:05 – 12:05] – How credit and political risk insurance can help facilitate climate action

This session highlights how CPRI insurance can help facilitate climate action and will introduce ICIEC’s latest initiatives for climate action, and present and share experiences, transactions and partnerships in member states. The discussion will engage member state private sector actors on solutions and services provided by ICIEC for climate action, serving member states’ ESG agendas. This discussion will highlight initiatives that will assist Egypt in achieving its Vision 2030 goals, with particular regard to the environment.

“We’re delighted to be hosting these two parallel events in Egypt. ICIEC’s involvement at the Private Sector Forum will provide great opportunity to engage with the private sector in our member states and wider global community and help energise the private sector partnerships at high levels, through digitisation and solutions for climate action,” says Mr Oussama KAISSI CEO of ICIEC. 

Register to be eligible for either or both sessions.

Distributed by APO Group, on behalf of Islamic Corporation of the Insurance of Investment and Export Credit.

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Rania Binhimd
Communications Planner
Email: [email protected]

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The Islamic Corporation for the Insurance of Investment and Export Credit is the insurance arm of the Islamic Development Bank Group (IsDB). The Corporation is the largest Shariah compliant multilateral insurer in the globe and has been a leader in providing comprehensive insurance solutions to both companies and individuals in its 48 Member States. ICIEC was founded in 1994 to promote economic relations between OIC member nations and promote intra-OIC trade, investments and trade by providing Shariah compliant risk mitigation tools as well as financial solutions. ICIEC has for the 14th consecutive year earned an “Aa3” insurance financial strength credit rating from Moody’s, ranking the Corporation among the top of the Credit and Political Risk Insurance (CPRI) Industry. ICIEC’s resilience is underpinned by its sound underwriting, reinsurance, and risk management policies. ICIEC, which has insured more US$ 83bn in investment and trade, and US$2.2 bn support for FDI at the end of 2021, has cumulatively insured more than US$ 2.2 bn. Its activities were focused on specific sectors, including banking, energy manufacturing, infrastructure and healthcare. Visit:

APO issued this Press Release. APO has issued this Press Release. The content is not under the control of African Business’ editorial team. This announcement is solely the responsibility of the issuer.


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