SWCC sign Chinese Sepco for $1.37bn Yanbu water and power project
The Saline Water Conversion Corp (SWCC) has signed Sepco III Electric Power Construction Corp to replace Samsung Engineering whose contract was terminated in...
The Saline Water Conversion Corp (SWCC) has signed Sepco III Electric Power Construction Corp to replace Samsung Engineering whose contract was terminated in...
The $40-60 million project will be located in Gegharkunik province, eastern Armenia and could potentially be expanded to 100MW. Ten developers have prequalified for the...
Cheam Hing Lee, CEO and founder of Singapore-based Rhodium Resources, was not a fan of supply chain finance (SCF) until he started his own commodity trading company five...
Sole power off-taker Nepal Electricity Authority is now able to sign 10-year dollar agreements with the hydropower sector where capacity is above 100MW....
The Asian Development Bank last week said its lending had hit an all-time high of over $30 billion in 2016. A growing demand for infrustructrue in the region...
China's import growth slowed faster than expected in April, as inbound shipments of commodities such as iron ore and copper weakened, while export growth more than...
Sydney-based Origin Energy has agreed to sell the Victorian wind farm to Chinese turbine manufacturer Goldwind for $110 million whilst buying 100% of the output and...
US banks can learn from the past and their peers in how real-time payment initiatives are implemented, according to financial technology provider Icon Solutions. Although...
High costs and slow transactions are big obstacles for UAE companies when it comes to traditional cross-border payment transfers, according to a new survey by...
Kenya's stake in Pan African investment guarantee firm, African Trade Insurance Agency (ATI), has dropped to about 12% after four new investors,.UKEF included,...
Overseas use of the Chinese yuan for trade and other payments has fallen dramatically as government efforts to stem capital outflows sideline Beijing's ambitions to...
Chinese banks have dramatically expanded their overseas payment and trade networks, filling a gap left by Western lenders' retreat from higher-risk jurisdictions, new...
Iran says it is planning to hold an international tender to find financiers for its plane purchase plans from aviation giants Airbus and Boeing.
The Azeri finance ministry has signed the agreement with the Asian Development Bank for funds to develop the gas field project in the Caspian Sea as part of the Southern...
A first for Reliance in terms of debt volume and vessel type, its partially ECA-covered VLEC post-delivery financing ticked all the lender and borrower boxes.
Kazuo Yoshimura, regional head of global trade finance Americas at SMBC, has been promoted to general manager and global head of supply chain finance. Yoshimura is...
Between 2009 and 2016, despite global GDP per capita growing, correspondent banking relationships reduced globaly by 25%, according to Accuity Research.
The consortium led by China Gezhouba Group Co Ltd has awarded the technical service contract for the Caculo Cabaca hydropower plant to China Gezhouba Group Co Ltd Survey...
Glencore has secured refinancing for its RCF as the company continues to impress following its 2015 difficulties. The recent emergence and success of its agri business...
India Exim has extended a $1.6 billion loan to the Bangladesh India Friendship Power Company for the $2 billion 2x600MW coal-fired super critical Maitree power project in...