China Export and Credit Insurance Corporation (Sinosure) has chosen the Dubai International Financial Centre (DIFC) as the location for its first office in the Middle East.
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.
It is the first China-based insurer to open a regional office at the DIFC, through which it plans to further support China’s Belt & Road Initiative.