ENOC signs $1.5 billion syndicated loan
Dubai-based refining and trading company Emirates National Oil Company (ENOC) has secured a $1.5 billion syndicated loan through some 21 banks which took part in the...
Dubai-based refining and trading company Emirates National Oil Company (ENOC) has secured a $1.5 billion syndicated loan through some 21 banks which took part in the...
UK Export Finance (UKEF), the UK’s export credit agency, has released its 2014-2015 annual report which reveals a strong performance through the year by the agency with a...
The central bank of the Democratic Republic of Congo (DRC) has reached an agreement with the African Trade Insurance Agency (ATI) whereby banks will receive up to 50%...
The African Development Bank (AfDB) has finally formally signed two loans and a letter of agreement for the development of Egypt’s Sharm el-Sheikh airport and to support...
The Export-Import Bank of the United States (US Ex-Im), along with the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), is providing a $55...
German export credit agency (ECA) Euler Hermes has signed a distribution agreement with Al Hilal Takaful – the takaful insurance subsidiary of the state-owned and fully...
Dubai-headquartered Topaz Energy and Marine, a leading offshore support vessel company, has signed a new $550 million loan facility. The new facility is arranged over...
The African Development Bank Group (AfDB) has approved a $140 million loan to Egypt’s Sharm El-Sheikh Development Project. The project includes construction of a new...
Emirates, the Dubai-based airline, is set to wrap up its much-anticipated sukuk guaranteed by British export credit agency (ECA) UK Export Finance (UKEF), after...
Saudi Arabian-based investment company, the Arab Petroleum Investments Corporation (APICORP), has successfully secured new financing through a shariah-compliant...
Dubai-based airline Emirates has set the initial price guidance on its mooted $913 million sukuk – Islamic bond – guaranteed by the British export credit agency UK Export...
The Rabigh Refining and Petrochemical Company (Petro Rabigh) has secured $5.168 billion worth of project financing for its integrated oil refinery and petrochemical plant...
The Islamic Development Bank (IsDB) is providing Egypt with a $4 billion financing package in support of a selection of energy and infrastructure projects. The deals were...
Dubai-based airline Emirates has mandated eight banks to arrange a sukuk – an Islamic bond – guaranteed by British export credit agency (ECA) UK Export Finance (UKEF).
Two employees within Commerzbank’s cash management and international business department will leave the bank, as part of the agreement which saw a $1.45 billion fine...
The Dubai-headquartered oil and gas services provider National Petroleum Services Group (NPS) has successfully secured a $200 million refinancing arrangement through...
Bank Danamon Indonesia (Danamon) has signed a trade finance cooperation agreement with the International Islamic Trade Finance Corporation (ITFC) which initially provides...
The Islamic Development Bank (IsDB) has provided Burkina Faso with a financing package specifically targeted for the development of the country’s infrastructure.
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) has signed a Murabaha agreement with the government of Burkina...
The National Bank of Abu Dhabi (NBAD), has appointed Wynce Low as executive director and head of debt origination and distribution for South-East Asia.
The financing backing TotalEnergies’ Mozambique LNG project was taken out of the financial fridge earlier this year but funds are yet to be disbursed. With the latest military insurgence in the gas-rich region, and ECAs and banks reticent on when the deal will close, meeting conditions precedent seems ambitious in 2024.