NEW DELHI, 6 November 2007 — The Islamic Corporation for the Insurance of Investment & Export Credit (ICIEC), a member of the Islamic Development Bank (IDB), has joined the International Union of Credit and Investment Insurers (Berne Union) as observer for a period of 2 years, after which the union will consider its full membership. The resolution to this effect was approved during the union’s meeting in New Delhi, Dr. Abdel-Rahman Taha, general manager of ICIEC, said. The membership will enable ICIEC to benefit from the experience of other members and place it among the world’s top export credit and investment insurers, and accordingly facilitate marketing of its insurance services.