It works through the Center to support the Belt and Road Initiative

"China Export Insurance" opens its regional headquarters in "Dubai International Finance"

The company's selection of the "Dubai International Financial" reflects its position as a global center.

From the source

The Dubai International Financial Center (DIFC) announced yesterday the opening of the first regional headquarters in the Middle East for the China Export and Credit Insurance Company (Synosure), to start operating in the region from the financial center.

In a statement, the center said that through its new regional headquarters, Senushour aims to support the Belt and Road Initiative and other Chinese interests, as well as promote the growth of Chinese foreign trade and investment. As a group, Senussure provides short, medium and long-term export credit guarantee, foreign investment guarantee, domestic trade credit guarantee, bonds, guarantees, export credit guarantee related reinsurance, receivable management, advisory services and others.

Senussure's selection of the Dubai International Financial Center to open its regional headquarters reflects its leading position as a global financial center, with a world-class regulatory and legal framework, advanced infrastructure, advanced communication technologies and easy access to leading global companies. Arif Amiri, CEO of the Dubai International Financial Center Authority, said: “We welcome the decision of (Sinosure) to establish its first regional headquarters in the region within the Dubai International Financial Center, in a move that confirms Dubai’s position as a leading center for companies and businesses in the Middle East, Africa and South Asia region. The center’s success has cemented its reputation as an ideal platform for leading Chinese companies to do business in the region.” For his part, the Chairman of the Board of Directors of "Sinosure", Song Shuangwang said:“We are pleased to open our representative office in the Dubai International Financial Center in Dubai, coinciding with our celebration of the 20th anniversary of the establishment of our company,” stressing that “Dubai provides an ideal system for the work of Chinese companies looking to expand their operations in the region, and we are confident that our presence here will give us a wide range of opportunities.” It will create more value that will benefit us and the parties involved.”

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