Chinese export insurer chose DIFC for first office in Middle East

FAN Editor
A man walks at the Dubai International Financial Centre in Dubai
A man walks at the Dubai International Financial Centre, almost empty of people, following the outbreak of coronavirus disease (COVID-19), in Dubai, United Arab Emirates, March 18, 2020. REUTERS/Satish Kumar/Files

June 28, 2021

DUBAI (Reuters) – China Export and Credit Insurance Corp (SINOSURE) has chosen Dubai International Financial Centre (DIFC) as the location for its first office in the Middle East, the Dubai Media Office said on Monday.

SINOSURE is a state-funded and policy-oriented insurance company established to promote China’s foreign economic, trade development and cooperation on a non-profit basis.

SINOSURE aims to further support China’s national Belt and Road initiative, and other interests, as well as promoting the development of China’s foreign trade and investment, the statement said.

(Reporting by Saeed Azhar; Editing by Kim Coghill)

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