China's Sinosure opens office in Dubai IFC

Sinosure aims to further support China’s national Belt and Road initiative.

State-funded China Export and Credit Insurance Corporation (Sinosure) has opened its first office in the Middle East at the Dubai International Financial Centre (DIFC), according to an announcement. 

Through the regional headquarters, Sinosure aims to further support China’s national Belt and Road initiative as well as promote the development of China’s foreign trade and investment. 

“Sinosure’s presence in DIFC reaffirms our commitment to increasing trade and investment opportunities for Chinese companies across the Middle East and South Asia,” its chairman Song Shuguang said. 

“Dubai is the ideal ecosystem for Chinese businesses looking to expand in the region and we are confident that our presence at DIFC will unlock a vast array of opportunities and drive value for ourselves and our stakeholders.”