MENA

Abu Dhabi’s Masdar signs ECA and DFI agreements

Thu, 16 May 2013 18:17:12 GMT

Abu Dhabi renewable energy company Masdar has signed memorandums of understanding with the Export-Import Bank of the United States and the International Finance Corporation.

Isbank attracts a crowd with refinancing

Thu, 16 May 2013 13:19:07 GMT

Turkey’s Isbank has signed its one-year refinancing facility attracting interest from a host of lenders.

EBRD loan to Turkey boosts tractor production

Wed, 15 May 2013 15:54:28 GMT

The EBRD has provided financing to boost tractor production in Turkey.

FIMBank hires Marnell as structured commodities head

Fri, 10 May 2013 12:41:18 GMT

Malta-headquartered FIMBank has appointed a head of structured commodity finance.

Kuwait firm launches Islamic trade finance fund

Mon, 06 May 2013 20:08:35 GMT

Kuwait-based Asiya Investments has launched an Islamic trade finance fund aimed at Asian SME manufacturers.

ITFC and UNDP partner for trade reforms

Mon, 06 May 2013 16:55:02 GMT

A new partnership has been formed between the International Islamic Trade Finance Corporation and UN Development Programme to focus on trade reforms and poverty reduction in Arab countries.

Kexim and Banque Saudi Fransi sign MoU

Mon, 22 Apr 2013 12:46:56 GMT

The Export-Import Bank of Korea has signed a memorandum of understanding with Banque Saudi Fransi.

Linklaters hires global head of Islamic finance

Fri, 19 Apr 2013 14:00:06 GMT

Linklaters has hired a new global head of Islamic finance to be based in Dubai.

German support for Air Arabia financing

Fri, 19 Apr 2013 00:00:00 GMT

KfW IPEX-Bank and export credit agency Euler Hermes have provided support for the purchase of an Airbus A320-200.

ITFC adopts Shariah-compliant Path Solutions

Wed, 17 Apr 2013 16:42:08 GMT

The International Islamic Trade Finance Corporation is to implement the Shariah-compliant banking systems of Path Solutions.

ITFC signs Tunisia framework agreement

Tue, 16 Apr 2013 16:05:22 GMT

The International Islamic Trade Finance Corporation has signed a framework agreement with Tunisia.

Turk Telekom signs EKN-backed loan agreement

Tue, 16 Apr 2013 00:00:00 GMT

Turk Telecom has received financing for the purchase of equipment from Ericsson, backed by EKN.

EBRD extends trade loan to Cairo Amman Bank

Fri, 12 Apr 2013 00:00:00 GMT

The EBRD has signed a trade loan with Cairo Amman Bank to help Jordanian companies engage more widely in international trade.

Gunvor launches MENA borrowing base facility

Thu, 11 Apr 2013 14:15:25 GMT

Energy trader Gunvor has launched a borrowing base loan for its Middle East trading operations.

US Ex-Im and Dubai Economic Council sign agreement

Wed, 10 Apr 2013 16:38:08 GMT

The Export-Import Bank of the United States and Dubai Economic Council have signed a $5 billion memorandum of understanding.

Update: Saudi Aramco and Dow complete Sadara sukuk

Tue, 09 Apr 2013 14:52:35 GMT

Saudi Aramco and Dow Chemicals have completed a sukuk to partially finance their Sadara petrochemicals project.

EDC signs funding agreement with Morocco

Tue, 09 Apr 2013 00:00:00 GMT

Export Development Canada has signed a funding agreement with the Moroccan government for projects and contracts with Canadian content.

Mubadala signs RCF refinancing

Mon, 08 Apr 2013 18:36:50 GMT

Abu Dhabi investment fund Mubadala has signed a loan refinancing, attracting a syndicate of international banks.

Turkish renewables get Japanese support

Mon, 08 Apr 2013 13:20:14 GMT

JBIC and SMBC have co-financed a loan to Turkiye Kalkinma Bankasi to support Turkish renewable energy projects.

Kaloti Group invests in Dubai precious metals refinery

Mon, 08 Apr 2013 00:00:00 GMT

The Kaloti Group is planning to build a gold and precious metals refinery in Dubai with an annual production capacity of up to 2,000 tons.