MENA

StanChart inks trade loan to UAE property firm

Mon, 09 Nov 2009 15:55:35 GMT

Standard Chartered has signed a trade loan to Abu Dhabi property firm Aldar Properties.

MENA’s new capex landscape

Thu, 22 Oct 2009 16:21:49 GMT

With pure project financing in the MENA region at historically low levels,ECA-backed export financing has moved in to fill the gaps. Naomi Christie surveys the key players in this new economic landscape.

JBIC signs Shuweihat 2 IWPP

Wed, 21 Oct 2009 12:23:27 GMT

Financing has closed for the ADWEA Shuweihat 2 IWPP, with JBIC signing off a large portion.

Emirates receives first-ever US Ex-Im bond

Wed, 14 Oct 2009 11:51:37 GMT

Groundbreaking deal between Emirates and US Ex-Im establishes new aviation asset class.

ABC signs Jaguar MENA export deal

Wed, 14 Oct 2009 10:26:36 GMT

ABC International Bank has signed a trade finance deal for Jaguar Land Rover to support its exports into the Middle East and North Africa.

Etihad signs big ticket export-credit deal

Tue, 13 Oct 2009 14:01:55 GMT

Etihad has signed an ECA deal to help the airline fund deliveries for the remainder of 2009 and 2010.

Update: EGPC’s pre-export finance scales back

Fri, 09 Oct 2009 16:08:49 GMT

Egyptian General Petroleum Corporation has decided not to increase its pre-export financing despite achieving an oversubscription in general syndication.

EGPC’s pre-export finance signs

Thu, 08 Oct 2009 15:03:52 GMT

Egyptian General Petroleum Corporation has decided not to increase its pre-export financing despite achieving an oversubscription in general syndication.

SBI to offer trade finance from Dubai

Mon, 05 Oct 2009 12:50:14 GMT

State Bank of India (SBI) has started providing a complete range of banking services, including trade finance, from its base in the Dubai International Financial Centre (DIFC).

Iran ready to build up Iraq trade

Tue, 29 Sep 2009 00:00:00 GMT

Iran’s export credit agency, EDBI, sees opportunities in exports to Iraq.

Citi names head of GTS Middle East and Pakistan

Mon, 28 Sep 2009 00:00:00 GMT

Citi appoints new head of global transaction services for the Middle East and Pakistan as it identifies the region as an area for strategic growth.

India Exim bank to cooperate with Ashra

Fri, 25 Sep 2009 14:40:16 GMT

India Exim bank and Israeli export credit agency, Ashra, have signed a memorandum of cooperation.

Citi mandated for Emirates ECA deal

Fri, 25 Sep 2009 00:00:00 GMT

Citi has been awarded the mandate for the export credit financing of three Airbus A380s for Emirates Airlines.

Delphi to offer trade finance to US firms

Thu, 24 Sep 2009 13:21:40 GMT

Delphi Trade Inc is set to offer US firms access to supply chain finance when it launches a new trade finance investment fund next week.

Sace partners with Europe Arab Bank for MENA bonds

Tue, 22 Sep 2009 12:08:21 GMT

Europe Arab Bank has agreed to issue bonds to Sace’s clients in the Middle East and North Africa.

DEG provides loan for Egyptian agri-sector

Mon, 21 Sep 2009 16:58:07 GMT

The German development bank, DEG, has arranged a loan to Sekem Group of Egypt for agricultural production.

Deal Analysis: Saudi Electric direct ECA loan

Tue, 08 Sep 2009 00:00:00 GMT

Saudi Electric Company had never taken direct export credit agency financing before this year. The deal was also a first for US Ex-Im and EDC working together to arrange a direct loan. Calyon brought this unique deal together. Naomi Christie analyses the transaction.

US Ex-Im approves direct loan to Bahrain’s Al Dur

Wed, 02 Sep 2009 11:06:29 GMT

US Ex-Im has approved a $230 million direct loan to Bahrain’s Al Dur for the purchase of GE gas turbines.

US Ex-Im and JPM finance Egyptair

Wed, 26 Aug 2009 00:00:00 GMT

JPMorgan are financing Egyptair’s US Ex-Im guaranteed purchase of five Boeing 737-800s.

EGPC’s pre-export finance launches

Tue, 25 Aug 2009 10:42:17 GMT

Bookrunners BTMU and Morgan Stanley have launched general syndication for a pre-export financing for Egyptian General Petroleum Corporation.