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February
Law firm Shearman & Sterling has hired an EMEA project finance specialist from Ashurst.
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January
Marsh has stated that it expects to see demand for short-term trade credit insurance continue to rise in 2012 among countries in Europe, the Middle East and Africa.
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Barclays appoints new head of trade and working capital, Middle East.
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Jordan’s Investbank has established its second subsidiary – Al Imdad, ?specialising in trade finance and supply chain logistics for traders and manufacturers.?
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IFC signs trade finance agreement with Lebanon’s Credit Libanais to offer gurantees on import and export financing.
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The Egyptian carrier secured ECA financing for three aircraft in the fourth quarter of 2011.
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US Ex-Im has approved direct export financing for the world’s largest IPP to buy Siemens power generation equipment that supports North Carolina jobs.
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Export credit agencies are providing solid support to the bids to develop Dubai’s first independent power project as financing structures shift following the Eurozone crisis.
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Arab Banking Corporation has announced changes to the top management team at its key European subsidiary, ABC International Bank London.
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SMBC has appointed a new group head in Seoul and a new head of trade in Dubai.
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Baker Botts has hired a leading project, trade and Islamic finance Lawyer to join its Dubai office.
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IFC Capitalization Fund will invest in Omans’ BankMuscat to help increase access to finance for small and medium enterprises (SME).
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Jordan and Tunisia have become members of the European Bank for Reconstruction and Development (EBRD) as part of the process of becoming recipients of EBRD investments.