The Asian Infrastructure Investment Bank (AIIB) has approved seven new member countries, Bahrain, Cyprus, Samoa, Bolivia, Chile, Greece and Romania. It brings the...

Specialist insurer Markel International has appointed Amer Ibrahim as marine underwriter in Dubai. Amer's 14-year marine insurance career has been with Abu Dhabi...

The European Investment Fund (EIF) has signed a £20 million commitment into WestBridge II, a lower mid-market fund focusing on investments in the UK. It will allow...

The European Bank for Reconstruction and Development is providing a $25 million loan to Egyptian copper rods manufacturer United Metals Company to support the company...

Risen Energy Co Ltd is planning to build a new solar power project in Mexico and will seek international dollar-denominated bank funding for the project. It plans to get...

Isbank is expected to reach financial close on its latest trade finance on-lending facility refinancing on May 15. The deal, which is being coordinated by Standard...

Norwegian power developer Scatec Solar last month signed the first power purchase agreement with offtaker state-owned Egyptian Electricity Transmission Company (EETC)...

Borealis and Ontario Teachers’ Pension Plan (OTPP) have received initial offers from at least two bidding groups for the 109km HS1 Channel Tunnel high-speed rail...

Uptake of EIF/EIB guarantees to free up bank regulatory capital from SME loan portfolios is growing. And there is nothing synthetic about the impact of synthetics on...

The co-founder of Ripple and an ex-Palantir executive have teamed up to launch a global payments solution. Called Lightyear, it will use Stellar, the open financial...

With 20% of trade finance globally expected to incorporate blockchain technology by 2020, the rush by bankers and tech developers to be front of the queue with a solution...

The European Bank for Reconstruction and Development programme aims to rehabilitate Lake Qarun in the Fayoum governorate of Egypt.  The funding will be used for...

The Scottish government through the Low Carbon Infrastructure Transition Programme (LCITP) has awarded a grant to SHARC Energy Systems to carry out the £3.8 million...

The Maryland Public Service Commission has awarded renewable energy credits to Deepwater Wind's 120MW Skipjack development off the coast of Delaware and US Wind's...

The International Finance Corporation (IFC) and the Japan International Cooperation Agency (JICA) are to co-finance up to $1.5 billion in private sector projects over the...

The $48 million 30-year concession to construct a coal terminal in the Inner Harbour at Visakhapatnam Port has been cancelled following a 'failure to complete...

Dutch agri-trader Nidera has extended its unsecured multi-currency syndicated revolving credit facility totalling $500 million. It will be used to refinance the...

The CEO of Austrian oil and gas company OMV has said that extra funds can be provided to the €9.5 billion pipeline project if needed. Five European companies will...

London-based Neptune Oil and Gas, backed by private equity funds The Carlyle Group and CVC Capital Partners, has made a firm and binding offer for a majority stake in the...

Nine bidding groups have applied for prequalification for the Norman Manley International Airport (NMIA) public-private partnership concession. The Jamaican government,...