The injection of funds will go towards buying new cranes, updating the berths and adding 40 acres for container handling.

US companies are using excess cash stashed abroad to fund overseas acquisitions amid uncertainty over changes to the US tax landscape under Donald Trump. So far this...

The Clean Energy Finance Corporation is working with the South Australian government on the project to store renewable energy.  The state has opened a two-week...

Software vendor Temenos saw its total revenue grow 14% last year with sales up across all geographies, according to its new annual report. Revenue from SaaS and...

India's Yes Bank has picked several B2B fintech players to take part in its accelerator programme. Signzy uses artificial intelligence and cryptography to enable...

The US renewables firm is in talks with potential buyers for 190-200MW of Indian solar assets. The company is still open to participating in future state solar...

The International Islamic Trade Finance Corporation (ITFC) and Atlantic Business International have signed a €40 million two step Murabaha agreement. The financing...

Start of construction of a 10MW solar PV project in Bir Rebaa that is designed to meet power needs of the adjacent oil field.

Bank bids are due on a 12-year debt raising for the $750 million 1000 mtpd Salalah Methanol Co (SMC) ammonia project in Oman. One of three major Omani petrochemical...

The Philippines government has given permission for the private sector Semirara Island project instead of supplying power to Mindoro by submarine cable from...

Valerio Perinelli has been named as the new general manager of SACE BT, a wholly-owned subsidiary of Italian export credit agency SACE. It specializes in insuring current...

The European Investment Bank (EIB) and Ukreximbank are uniting to launch a €400 million loan for small and medium-sized enterprises to finance development...

New York-based Gerber Finance has partnered with Global Fund Holding, the US-headquartered parent company of Trade Finance Solutions, to boost its footprint. Gerber...

Trade credit insurer Euler Hermes and DS-Concept are teaming up to offer $1 million in funds for Turkish exporters to boost trade. DS-Concept will be appointed as...

China Export and Credit Insurance Corporation (Sinosure) and Eximgarant of Belarus have signed an agreement of cooperation to promote trade and provide insurance for...

The new pricing benchmark set by Akbank for Turkish commercial bank borrowing for trade finance on-lending facilities is generating major appetite from international...

Mangalore Fertilizer & Chemicals (MFC) is talking with multiple banks about raising $210 million for its Mangalore, Karnataka-based facility. The proposed deal...

France has opened a preliminary investigation into Airbus over alleged irregularities over the use of third-party agents to win jetliner contracts. The UK is already...

Vista Equity Partners’ $3.57 billion deal to acquire Canadian software vendor DH Corp (D+H) and combine it with UK rival Misys will create a global fintech giant with a...

It is now less than three weeks to the annual US Export-Import Bank (Ex-Im) meeting in Washington DC. The Ex-Im bank still does not have full re-authorisation, it does...