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News
15 May 2017

Markel hires Amer Ibrahim as marine underwriter in Dubai

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...

News
15 May 2017

EIF supports WestBridge II to boost financing for UKs SMEs

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...

News
15 May 2017

EBRD supports Egyptian cable manufacturer's imports

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...

News
12 May 2017

Opportunity of the day: Solar power project with capacity of 100MW - Mexico

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...

News
12 May 2017

Isbank refinancing nearing close

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...

News
12 May 2017

Scatec Solar signs first Egypt solar Round 2 PPA

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

News
12 May 2017

HS1 initial bids in

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...

Perspective
12 May 2017

Synthetics: Unlocking cash for SME loans

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...

News
12 May 2017

Ripple co-founder launches Lightyear

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...

News
12 May 2017

Blockchain: the rush is on

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...

News
12 May 2017

EBRD provides €200m for Fayoum Wastewater Expansion Programme

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...

News
12 May 2017

Scottish grant for SHARC projects to recover heat from wastewater

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...

News
12 May 2017

Maryland credits offshore wind

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...

News
12 May 2017

IFC, JICA agree $1.5bn emerging markets infra-projects deal

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...

News
12 May 2017

Port Trust cancels SEW Vizag Coal Terminal contract

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...

News
12 May 2017

Nidera signs $500m multicurrency syndicated RCF

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

News
12 May 2017

OMV can provide extra funds for Nord Stream-2 pipeline

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...

News
12 May 2017

Neptune agrees $3.9bn purchase of Engie oil and gas business

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...

News
12 May 2017

Nine prequalify for Norman Manley airport PPP concession

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

News
12 May 2017

More delays for Adani coalmine in Australia

The Australian government failed to pass crucial reforms of native title laws in the Senate meaning certain delays for the Indian conglomerate. Without the necessary...