Al Khaliji France implements Temenos's T24 core banking system
Al Khaliji France has gone live with Temenos's T24 core banking platform at its branches in the United Arab Emirates, reportedly replacing the CapitalBanker system....
Al Khaliji France has gone live with Temenos's T24 core banking platform at its branches in the United Arab Emirates, reportedly replacing the CapitalBanker system....
The $3 billion Tengizchevroil pre-export revolver is ultimately a liquidity facility designed to enable optimum timing and pricing for future TCO bond issues. But the...
Dar Al Tawreeq, a United Arab Emirates-based company offering customised factoring and liquidity solutions, has launched InvoiSME. It is aimed at facilitating funding and...
FinComEco, a financial and commodities ecosystem, has been launched. Initially focusing on Africa, it will connect farmers to the supply-to-demand chain, including...
Russia's UC RUSAL produced 910 thousand tonnes of aluminium in the first quarter of 2017 - a 2.1% quarter-on-quarter drop. Aluminium sales totalled 985 thousand...
US-based oil and gas group Swift Energy increased the borrowing base on its senior secured credit facility by 32% to $330 million. JP Morgan led the facility and was...
The Export Guarantee Fund of Iran (EGFI) issued export insurance and guarantees worth $1.6 billion between March 2016 and 2017 - a 71% growth on the previous 12 months.
The UK has offered a £4.5 billion financing package to the Philippines to underwrite its ambitious infrastructure building programme. The UK is looking to boost its...
The World Bank has agreed in principle to finance a project to build a highway between Peshawar, Pakistan, and Kabul, Afghanistan. The road would improve regional...
Egypt's Banque Misr will sign a $500 million loan agreement with the China Development Bank (CDB), with a term of eight years. The bank earlier signed a $100 million...
The New Development Bank (NDB) and the Asian Infrastructure Investment Bank (AIIB) are seeking ratings from Moody's, Standard and Poor's and Fitch to pave the way...
Alfa Laval AB has been awarded a contract to supply ten units of spiral heat exchangers for a 2.6m t/a ebullated bed residue hydroprocessing unit at the Ningbo-based...
National Bank of Cambodia is the latest central bank to investigate blockchain, inking a deal with Japanese startup Soramitsu that will see them work jointly on new...
The US is prepared to get tougher on international trade, potentially imposing tit-for-tat tariffs, White House National Economic Council director Gary Cohn said hours...
Financial security software firm NICE Actimize has launched a cloud-based tool to protect financial institutions from fraud at a time when it says faster payments...
Temenos saw its non-IFRS software licensing revenue surge 19% in the first quarter, while EBIT earnings were up 15%. The banking and finance software vendor said that it...
Supply chain finance pure-play providers' use of traditional fee models is causing revenue to be far smaller than increases in new business volumes would suggest. Should...
Spain's Banco Bilbao Vizcaya Argentaria (BBVA) has executed its first cross-border payments through a distributed ledger system built by Ripple. The bank says it has...
In a move designed to speed up investment in vital infrastructure projects state entities can now access international funds directly from ODA partners. Loans...
The Central Bank of Lesotho has gone live on Intellect Design Arena's Quantum Central Banking Solution (QCBS). It includes treasury management, trade finance,...