Ethiopian Airlines has closed a 12-year, $100 million loan from Bahrain’s Islamic investment bank, Ibdar Bank, and Canada’s export credit agency (ECA), Export Development...

The Turkish subsidiary of the independent Saudi Arabian power project developer, ACWA Power, has raised more than half of the funds for its $1 billion combined-cycle gas...

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) group, has signed Murabaha financing facilities with Tunisia...

The UK is in the front wave of countries which are adapting their export credit agencies (ECAs) to become more proactive, agile and innovative, writes David Godfrey,...

The UK export credit agency (ECA), UK Export Finance (UKEF), expects to bring its first guaranteed Sukuk transaction to market in the New Year. The economic secretary to...

Morocco’s L’Office National de l’Electricité et de l’Eau Potable (ONEE) and Safi Energy Company (SAFIEC) have reached financial close on the financing for a project to...

The International Islamic Trade Finance Cooperation (ITFC), a member of the Islamic Development Bank Group, has signed a $45 million murabaha agreement with Turkey’s...

The sovereign wealth fund of the Emirate of Dubai, Investment Corporation of Dubai (ICD), and the Export-Import Bank of Korea (Kexim) have signed an agreement to form an...

Faisal Islamic Bank (FIB) of Egypt has partnered with SunGard Financial Systems in a bid to modernise its risk infrastructure. The move comes in response to mounting...

Ariana Resources, the Anglo-Turkish gold exploration and development company, has signed a financing agreement to bring its Kiziltepe gold-silver mine into production –...

Warehouse receipt finance is spreading fast, giving smaller traders and bigger farmers or cooperatives the chance to tap finance immediately while they protect their...

Development finance institutions (DFIs) have of course always led the charge in sweetening deals in emerging markets – using their own liquidity, quasi-sovereign rating...

Ma’aden Wa’ad Al-Shamal Phosphate Company (MWSPC), an affiliate of the Saudi Arabian Mining Company (Maaden) has signed loan facilities for a total of SR18.9 billion ($5...

Saudi Arabian telecommunications company Mobily has signed a $200 million (SR750 million) long-term vendor financing agreement with Canada’s export credit agency Export...

Although the operations of Berne Union members are diversified across various products, geographies, governance models, and regulatory systems, the growing role of ECAs...

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the insurance arm of the AAA rated Islamic Development Bank Group (IDB) based in...

Within the Middle East North Africa (MENA) region, it was only on the back of the international financial crisis in 2008 that a strong awareness was created for trade...

The Multilateral Investment Guarantee Agency (MIGA), the political risk insurance and credit enhancement arm of the World Bank group, has made two senior appointments,...

KfW IPEX-Bank and AWAS Aviation Capital have closed the seventh financing under their eight aircraft ECA supported financing facility.

Saudi Arabian-based water and power project developer, ACWA Power, has secured a SR1.77 billion Islamic loan from four local banks. The funds will be used to help finance...