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18 February 2016

Italian ECA SACE opens office in Dubai

SACE, the Italian export credit agency (ECA), has opened an office in Dubai. The office will manage a portfolio of insured transactions and guaranteed investments...

18 February 2016

What can EDC’s SME programme teach other ECAs?

EDC has seen a 20% increase in the take up of its small and medium sized enterprises (SME) export programme following a recent rule change allowing the Canadian export...

17 February 2016

Japan diversifies energy sources with US LNG investment

Japan has become the world's largest liquefied natural gas (LNG) importer as it diversifies away from nuclear power. A recent deal between Japanese export credit agency...

17 February 2016

‘Disappointing’ trade figures cast doubt on UK export strategy

Despite offering new products and services to exporters, the British government is struggling to combat the country’s record £125 billion trade gap.

17 February 2016

EDC provides equipment financing for metal manufacturer

Export Development Canada (EDC) has provided $1.25 million in financing for the country's ISE Metal. It will allow the metal manufacturing company to buy new...

17 February 2016

IFC supports solar power project in Senegal

The International Finance Corporation (IFC) has agreed to help Senegal develop up to 200 megawatts of solar power as part of the World Bank Group's Scaling Solar...

17 February 2016

Sinosure blacklists Nigeria due to naira instability

The China Export & Credit Insurance Corporation (Sinosure), the country's export credit agency, has blacklisted Nigeria amid fears over the stability of the...

17 February 2016

First non-bank financier joins ICC UK Banking Committee

Falcon Group is the first non-bank financier to join the International Chamber of Commerce's (ICC) UK Banking Committee. It will be able to nominate staff to...

17 February 2016

Corporates line up for Singapore TXF event

Corporates will make up 68% of all delegates at next week’s TXF Singapore event.  TXF Singapore 2016: Trade, Treasury & Commodity Finance takes place...

17 February 2016

ADNOC offers India free oil in storage deal

The United Arab Emirates' Abu Dhabi National Oil Company (ADNOC) has offered free oil to India in return for a storage deal at its planned underground facility in...

17 February 2016

Sir Michael Rake is new ICC chairman in the UK

Sir Michael Rake is the new chairman of the International Chamber of Commerce (ICC) in the UK. His role includes being the figurehead for UK business at an...

17 February 2016

Insolvency risk high in 2016, says Atradius

The number of insolvencies in advanced markets is set to fall only 3% this year - the worst performance since 2012, according to credit insurer Atradius. Sluggish oil...

17 February 2016

UK bids to deepen trade ties with Kenya

The UK is attempting to increase trade with Kenya as Lord Clive Hollick, the envoy to East Africa, visits the country this week. He will explore trade opportunities,...

17 February 2016

Glencore refinances $8.45bn facility early

Swiss-based commodity giant Glencore has closed the senior syndication of a new revolving credit facility. The deal will refinance and replace its existing $8.45...

17 February 2016

EBRD loan to boost Croatian distributor Orbico

The European Bank for Reconstruction and Development (EBRD) is lending Croatian consumer goods distributor Orbico up to €20 million. The loan will enable Orbico...

17 February 2016

K-sure to support exports to Iran and Cuba

The Korea Trade Insurance Corporation (K-sure) will provide 196 trillion won worth of insurance this year to back businesses exporting to Iran, Cuba and other new...

16 February 2016

A changing world: tapping in to trade opportunities

At a BNY Mellon-hosted roundtable in Abu Dhabi, TXF sat down with a number of UAE banks to discuss the region’s economic developments, the evolving trade arena, and how...

16 February 2016

Nokia leans on Finnvera for global expansion plans

Nokia — Finland’s premier telecoms company — is in the process of finalising its takeover of France’s Alcatel-Lucent in a $16.6 billion deal that will propel the ailing...

16 February 2016

NDB and AIIB "friends not foes"

The New Development Bank (NDB) and Asian Infrastructure Investment Bank (AIIB) will work together - rather than compete against each other - on infrastructure...

16 February 2016

Kenya-Ethiopia trade set to benefit from AfDB-funded border post

Trade between Kenya and Ethiopia is expected to be boosted by the completion of a one-stop border post in May. The project, funded by the African Development Bank...