ECGAO begins investment fund services

MUSCAT: Export Credit Guarantee Agency of Oman (ECGAO) gave a presentation for Oman Investment Fund (OIF) on the services it provides to local exporters and manufacturers. Sulaiman bin Gharib al Shaibani, Acting Director of the Department of Export at ECGAO, reviewed the history of the agency and the tasks it performs. He also reviewed the insurance coverage to exporters through which the agency investigates of the buyers and their trade deals to provide information to the Omani exporter to sell to the buyer, and in case of failing to pay, the agency will pay the claims. He explained the opportunities and challenges facing the agency and the most important sectors exported by Omani exporters, such as contracting, agriculture, fisheries and food of all kinds. The meeting was attended by Duraid bin Tahir al Jamali, Director-General of the Department of Legal Affairs at OIF, Khalid bin Said al Aamri, Acting CEO of ECGAO, and officials and stakeholders from both sides. — ONA