AMAN Union and Saudi EXIM Bank Sign Agreement for Transfer of General Secretariat

Jeddah, Saudi Arabia – The AMAN UNION General Secretariat and the Saudi Export-Import Bank (Saudi EXIM Bank) have signed a Transfer Agreement to outline the framework for transferring the duties and functions of the AMAN Union’s General Secretariat from AMAN UNION 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 Bank. The signing took place on the sidelines of the 15th Annual General Meeting of the AMAN Union, held from November 4–6, 2025, in Jeddah and hosted by the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC). The meeting brought together leading professionals and experts in credit and investment insurance to discuss strategies for promoting trade, mitigating risks, and strengthening regional economic integration.

Under the agreement, both AMAN UNION Secretariat General and Saudi EXIM Bank will cooperate to ensure a smooth transfer of duties, responsibilities, records, assets, and institutional functions of the General Secretariat. This milestone reflects the shared commitment of both institutions to strengthen the AMAN Union’s capacity and advance its long-term vision.

Commenting on the agreement, Mr. Mourad Mizouri said, “This transition marks an important step in enhancing the operational independence and sustainability of the AMAN Union. The AMAN UNION members remain committed to supporting the Union’s mission of fostering collaboration among them.”

The agreement is expected to reinforce the AMAN Union’s institutional framework and operational efficiency, supporting its mission to promote regional cooperation and economic integration.

Distributed by APO Group on behalf of ICIEC.