(MENAFN- News.Africa-Wire) JEDDAH, Saudi Arabia, November 9, 2025/ -- AMAN UNION General Secretariat, and the Saudi Export-Import Bank (Saudi EXIM Bank) have signed a Transfer Agreement outlining the framework for transferring the tasks and functions of the General Secretariat of the AMAN Union from AMAN UNION General Secretariat to Saudi EXIM Bank.

The agreement was signed by Mr. Mourad Mizouri, Secretary General of AMAN UNION, and Mr. Naif bin Othman Alajroush, Director General of International & Government Relations at Saudi EXIM. The signing took place on the sidelines of the 15th Annual General Meeting of the AMAN Union, held from November ––6, 2025, in Jeddah and hosted by ICIEC. The gathering brought together leading professionals and experts in credit and investment insurance to explore strategies for promoting trade, mitigating risks, and strengthening regional economic integration.

Under this agreement, AMAN UNION Secretariat General and Saudi EXIM Bank will cooperate to ensure the smooth transfer of the Un’on’s duties, responsibilities, records, assets, and the institutional functions of the General Secretariat. This milestone reflects both institu’ions’ shared commitment to reinforcing the AMA’ Union’s capacity and advancing its long-term vision.

Mr. Mourad Mizouri, AMAN UNION Secretary General,“stated, “This transition marks an important step in enhancing the operational independence and sustainability of the AMAN Union. The AMAN UNION members remain committed to supporti’g the Union’s mission of fostering collaborati”n among h m ⦮bsp; / m
Distributed by APO Group on behalf of Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC).

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