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News
18 April 2024

SERV, Saudi EXIM pen reinsurance agreement

Saudi EXIM Bank and its Swiss counterpart SERV have signed a reinsurance agreement to boost the Kingdom’s non-oil exports.The move follows Saudi EXIM’s...

News
18 April 2024
in
Metals and Mining

Rio, Saudi Arabia vying for stake in First Quantum mines

Rio Tinto and Saudi Arabia’s state-backed Manara Minerals Investment are among suitors considering bids for a stake in First Quantum Minerals' Zambian copper...

News
18 April 2024
in
Transport

SACE backs the acquisition of new cruises by Norwegian Cruise Line

Norwegian Cruise Line Holdings has sealed financing to facilitate the acquisition of four new cruise ships, which are destined for Oceania Cruises and Regent Seven Seas...

News
18 April 2024

Saudi Awwal Bank partners with Exim Bank to boost exports

Saudi EXIM Bank is partnering with Saudi Awwal Bank via the “Guarantee Financing for Export Sector Enterprises” initiative to enhance financing options for...

News
18 April 2024
in
Oil & gas

Exxon takes FID on $12.7bn Guyana Whiptail project

ExxonMobil is to proceed with a $12.7 billion deepwater oil project off the coast of Guyana. The project, named Whiptail, has received all necessary government and...

News
18 April 2024
in
Metals and Mining

Saudi Arabia moves closer to $1bn Barrick Pakistan deal

Saudi Arabia is moving closer to a potential deal to acquire a minority stake in a Pakistan mine controlled by Barrick Gold, sources said.Manara Minerals Investment,...

News
18 April 2024
in
Manufacturing & equipment

Maniva obtains €8m loan with SACE cover

Intesa Sanpaolo has finalized a loan agreement of €8 million ($8.5 million), backed by a guarantee from SACE, in support of Maniva.The loan will enable the company...

News
18 April 2024
in
Metals and Mining

Lithium Americas to raise $275m for Thacker Pass mine

Lithium Americas is to raise $275 million to accelerate construction and development of the Thacker Pass lithium project in Nevada.The company will sell 55-million shares...

News
18 April 2024
in
Renewables

Norwegian Hydrogen and Provaris expand partnership

Provaris Energy and Norwegian Hydrogen have signed a Collaboration Agreement to identify and develop several sites in the Nordic region for the large-scale production and...

News
18 April 2024
in
Power, Renewables

EIB's first Bhutan project will finance renewable power

The first EIB project in Bhutan will support new solar PV and hydropower schemes under the EU’s Global Gateway initiative.The 30-year loan for €150 million...

News
18 April 2024

Shylene Tan passes away after illness

Shylene Tan, director in loan syndications at ANZ, has sadly passed away after a period of illness. Shylene was a well-loved and respected figure at ANZ as well as in the...

News
18 April 2024
in
Oil & gas

PNG's Kumul sells its first spot LNG cargo

PNG's national oil and gas company Kumul Petroleum said it had sold its first spot liquefied natural gas cargo produced at the PNG LNG project. The buyer is...

News
18 April 2024
in
Power

World Bank, AfDB unveil African electricity connection plan

The World Bank Group and AfDB Group are partnering on a project to provide at least 300 million people in Africa with electricity access by 2030.The World Bank will work...

News
18 April 2024
in
Metals and Mining, Renewables

Masdar, EGA to cooperate on decarbonizing aluminium industry

Masdar and Emirates Global Aluminium have joined forces to collaborate on initiatives aimed at decarbonizing the aluminium industry and promoting low-carbon aluminium...

News
18 April 2024
in
Other

Surecomp, Cleareye.ai to enhance digital trade solutions

Surecomp has joined forces with Cleareye.ai to address the challenges faced by customers involved in cross-border trade. This strategic partnership aims to streamline...

News
18 April 2024
in
Metals and Mining

Hancock to acquire stake in Linderos copper-gold project

Gina Rinehart has expanded her presence in South America by acquiring a stake in a highly promising copper-gold project. Through her private company, Hancock Prospecting,...

News
18 April 2024
in
Other

BAHL receives investment from FEDA to expand financial services

Bloom Africa Holdings Ltd (BAHL) has secured an investment from the Fund for Export Development in Africa (FEDA), the impact investment subsidiary of Afreximbank. BAHL...

News
18 April 2024
in
Waste and water

Hassyan IWP reaches financial close

Dubai Electricity and Water Authority (DEWA) and ACWA Power have reached financial close on the debt facilities signed in March for the 180 million imperial gallons per...

News
17 April 2024
in
Renewables

SACE covers Intesa's loan to Asja

SACE is covering an €8 million ($8.5 million) loan provided by Intesa Sanpaolo to Asja. The loan will be used for the development of eight new plants, including wind...

News
17 April 2024

HSF promotes 3 Energy & Infra lawyers in Australia

International law firm Herbert Smith Freehills (HSF) has announced its annual global partner promotion rounds which will come into effect from May 1, 2024.Among the nine...