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ALGIERS – Algerian Company in Insurance and export guarantee (Cagex) has been elected as member of the Executive Council Organization of Arab and Islamic Insurers "Aman Union," announced Monday this public insurance company.

The election was conducted during the Council’s General Assembly in Mascate (Oman), held last December.

Composed of 18 members, the Organization of the Arab and Islamic credit insurers was created in 2010 to consolidate and strengthen relations of cooperation between its members.

Cagex, which became a member of this organization since its creation, "managed to forge beneficial relations between the external trade operators of the concerned countries in the field of re-insurance, commercial information and recovery of debts both in Algeria for the member companies and in the concerned countries in the benefit of the CAGEX and the Algerian exporters," the company said in a communiqué.

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Tag(s) : #Economy

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