Doha, Qatar: The Shareholders’ Council of the Arab Investment & Export Credit Guarantee Corporation “Dhaman”, chaired by the head of the Lebanese Republic’s delegation, elected a new Board of Directors for the Corporation for the next three years during its 53rd meeting in the UAE. The Council also approved the meeting’s agenda items, the auditors’ report for the FY ending on December 31, 2025, the balance sheet and the income and expenditure statement.
Addressing the session on behalf of the Board members, the Corporation’s Chairman, Dr. Naif bin AbdulRahman Al-Shammari, said that this year’s meeting came at a significant moment that witnessed essential changes in the Corporation’s work environment, in which geopolitical transformations, economic, trade and investment pressures and restrictions, high levels of risk and technological changes were intertwined.
He noted that Dhaman’s achievements during 2025 saw on great significance that goes beyond numbers and reflects its institutional preparedness not only to deal with reality, but also to seek to effectively reshape it.
Dr. Al-Shammari added that “Dhaman” responded to those challenges proactively and resiliently during 2025. As for insurance activity, the Corporation achieved 16% growth, boosting its operations to roughly $3.4bn by the end of the year and cumulative value to over $35.4bn since its establishment.
This, in fact, mirrors the confidence of its partners and demonstrates Dhaman’s ability to provide impactful solutions when it matters most.
He added that the financial performance went beyond expectations, with net profit rising by 17.5% to hit roughly $25m, revenues surpassing $37m and the Corporation maintaining its A+ credit rating from S&P with a stable outlook.
He considered that operational growth, balance sheet strength and static rating are the direct result of an integrated system of governance and risk management driven by genuine institutional maturity.
The Board Chairman underlined that “Dhaman” promoted its support for its member countries by deepening its investment in research, information, and consulting services, expanding its training and capacity-building programs, and advancing its analytical tools, providing genuine support for member countries’ decision-makers.
In parallel, it enhanced its network of alliances with regional and international insurance, reinsurance, finance, and investment institutions, thus broadening the scope of beneficiaries and opening up avenues for partnership with the private sector and financial institutions.
Considering the institutional structure, Dr. Al-Shammari revealed that the Board of Directors amended several provisions of the founding agreement with a view to broadening the scope of the Corporation’s operations and keeping abreast of developments in insurance, finance and investment markets as per the approved institutional frameworks.
He noted that Dhaman launched an ambitious and well-defined strategy for the period 2026-2031, which goes beyond mere numerical growth; it is designed to solidify Dhaman’s footprint and influence in its member countries’ development journey as part of the accumulated institutional work and accomplishments during 2025.
