Chinese ECAs part of $50bn deal with Saudi's PIF

Region:

Middle East & Africa, Asia-Pacific

Saudi Arabia’s $925 billion Public Investment Fund has signed memoranda of understanding worth up to $50 billion with six Chinese financial institutions - including two ECAs - as the kingdom continues to deepen its business and economic ties with Beijing.The MoUs were signed with Sinosure,...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

EDC’s Lavery on creating a legacy of no wrong doors to export finance support

Expert opinion

12 September 2024

EDC’s Lavery on creating a legacy of no wrong doors to...

Mairead Lavery at EDC is coming to the end of her term as CEO. She discusses changes in her philosophy, the need for reform of Common Approaches, and creating a robust Bretton...

Asia’s energy transition: Do the ECA numbers match the PR?

Perspective

13 September 2024

Asia’s energy transition: Do the ECA numbers match the PR?

ECA-backed volumes in Asia, Asia-Pacific and Australasia are growing strongly, after a COVID-related dip in 2021. But traditional sectors like oil & gas still dominate, and...

Must See

Perspective

06 September 2024

If I had a nickel

ECAs, DFIs and banks to Madagascar’s Ambatovy nickel mine project financing are facing a wipe out of $1.66 billion loans under a new shareholder restructuring proposal. Though some of the owed debt could be recovered – if lenders stump up new cash.

Expert opinion

12 September 2024

EDC’s Lavery on creating a legacy of no wrong doors to export finance support

Mairead Lavery at EDC is coming to the end of her term as CEO. She discusses changes in her philosophy, the need for reform of Common Approaches, and creating a robust Bretton Woods-style legacy for another 80 years of ECA support amid geopolitical challenges. Read more about legacy, relationships, integrity (and having fun).

Perspective

13 September 2024

Asia’s energy transition: Do the ECA numbers match the PR?

ECA-backed volumes in Asia, Asia-Pacific and Australasia are growing strongly, after a COVID-related dip in 2021. But traditional sectors like oil & gas still dominate, and progress in renewables remains patchy.