Moglix, the Indian B2B e-commerce company, is investing $50 million in Credlix, a leading global provider of supply chain financing, for their expansion into the US and Mexico.
Etihad Credit Insurance (ECI), the UAE export credit company, and three partners signed a joint agreement on Tuesday, September 17 to support global commodities giant Trafigura in expanding their acquisition of commodities from the UAE.
Nedbank Corporate and Investment Bank, the Johannesburg-based bank, has announced a strategic partnership with UAE logistics provider
British International Investment (BII), the UK’s development finance institution, has announced plans to provide up to £30 million to bolster Ukraine’s international trade amid ongoing economic challenges.
The Prudential Regulation Authority (PRA) has released its second policy statement on the implementation of Basel 3.1, set to take effect in January 2025.
Its central persona, of a girl who “feels like herself but maybe also has a breakdown, but […] parties through it”, has reinvigorated the US presidential race (and found its… read more →
Fitch Ratings has upgraded Turkiye’s Long-Term Foreign Currency Issuer Default Rating (IDR) to ‘BB-‘ from ‘B+’, citing improved external buffers and reduced contingent foreign exchange (FX) liabilities. The outlook is stable.
The Middle Eastern bank Emirates NBD has partnered with Enigio, the technology provider responsible for the trace:original platform
The banks Citi and ING Germany have been working alongside export credit agencies Korea Trade Insurance Corporation (K-SURE) and Swiss Export Risk Insurance (SERV). In collaboration, they have successfully closed a $521.5 million, 12-year supported financing loan for Petrovietnam Power Corporation (PV Power).
As of June 2024, Houthi attacks in the Red Sea and Western Indian Ocean have escalated, with over 150 reported incidents since November 2023. These attacks have targeted both commercial and naval vessels, disrupting maritime traffic and global trade routes.
