Africa-focused OVH Energy has appointed Huub Stokman as its new Chief Executive Officer. He was previously the head of Puma Energy International in Angola. Before that,...

Finastra has unveiled a tailored Fusion Treasury solution for Russia and the CIS. The local language solution enhances customer experience in Russian speaking markets....

The Committee on Payments and Market Infrastructures (CPMI) has released a paper pressing for faster cross-border payments at a global scale. Cross-border payments are...

Traditional bank loans still reign as the top financing target for small business borrowers, but a new report by Mercator Advisory Group suggests alternative lenders are...

Krishnan Ramadurai, the International Chamber of Commerce's Trade Register Project's new chair and HSBC's global head of capital management for trade and...

Despite the endless stream of PR statements about banks exiting coal-related lending, none can actually track where the proceeds of loans to commodity traders go. When...

Balfour Beatty has sold a 5% stake in the UK's M25 road operator Connect Plus to funds managed by Equitix Investment Management for £42 million in cash. Balfour...

The Abu Dhabi Water & Electricity Authority (ADWEA) is inviting submissions to prequalify by 19 March for the Emirate's first stand-alone desalination plant to be...

For any vultures hoping to pick meat off the carcass of Hong Kong-headquartered Noble Group some bad news: There may be nothing left. Its announcement of huge losses...

UniCredit and Alibaba.com, the B2B marketplace of Alibaba Group, are working together to launch a series of marketing initiatives promoting Alibaba.com international...

Turkey's General Directorate of State Airports Authority (DHMI) has announced a tender for a new airport at Alacati on the Cesme peninsula, to serve Izmir province....

The Kolkata Port Trust (KoPT) has signed a concession agreement with M/s Hooghly Oil & Gas Terminal Pvt to set up a liquid cargo handling terminal at Shalukkhali...

The government of Albania has passed legislation to facilitate the creation of the Albanian Power Exchange to meet a 2018 deadline for an agreed cooperation with other...

Turk Eximbank has stepped up its roadshows to boost medium- and long-term financing support for Turkish exporters. CEO Adnan Yıldırım said that they were going to hold a...

Morocco is carrying out feasibility studies for a 381km highway between Mekness and Rissan, estimated at $484.8 million, and a 250km Meknes to Errachida road with an...

International consulting and engineering company Poyry has been awarded the feasibility assignment by the Energy Invest Holding CJSC project company Debed Hydro LLC for...

The management board of Dutch energy company Eneco, which is owned by 53 local authorities, has reached agreement about a sale of the company that could realise...

State-owned electric utility Power Grid Corporation has submitted the lowest bid for a Rs1,000 crore project to construct the Vindhyachal, Varanasi 765kV transmission...

Turk Eximbank is out to market with a $300 million refinancing. Proceeds will be for on-lending to Turkish exporters. The deal will have euro and dollar one- and...

A consortium led by global law firm Dentons has been selected by the Ministry of Investment and Development in Poland to provide legal, economic and financial consulting...