Oil

Nigeria is set to receive a $1 billion loan from the African Export-Import Bank (Afreximbank) next month, as a segment of a wider crude oil.

Explore the unique challenges and opportunities of integrating ESG principles in Africa. Learn how holistic approaches can drive sustainability and resilience.

US sanctions reinstated on Venezuela; Venezuelan Supreme Court prohibits opposition leaders’ candidacy in upcoming presidential elections.

UNCTAD expresses deep concerns over increasing disruptions to global trade & Jan Hoffmann evaluates the circumstances in a briefing.

Non-oil exports drove economic growth in Oman in 2022. Learn how the government is promoting & supporting the export sector.

What is the outlook for commodity trading in 2024? Marsh’s Aaron Bailey and Christopher Coppock provide their views.

Gunvor Group, a global physical energy trading company, recently finalised a 5-year term loan valued at €400 million. 

Maersk announced a temporary halt on Friday to all container shipments through the Red Sea. This decision was soon followed by Swiss-based MSC and French shipping group CMA CGM on Saturday.

At the COP28 climate summit in Dubai, representatives from nearly 200 countries reached an agreement to start reducing the global consumption of fossil fuels.

In this episode of Trade Finance Talks, TFG’s Deepesh Patel sat down with Raja Al Mazrouei, CEO of Etihad Credit Insurance, to discover how ECI is not only encouraging UAE businesses to tap into emerging regional and international markets but also enabling them to scale new heights and achieve sustainable growth.

The European Bank for Reconstruction and Development (EBRD) has recently unveiled its latest Regional Economic Prospects report. The report provides a comprehensive overview of economic trends across various regions for the year 2023, revealing a diverging pattern of growth.

In June 2023, Saudi Arabia’s trade balance achieved a surplus of approximately SAR 38 billion (around $10 billion), as reported by the General Authority for Statistics (GASTAT). The nation’s trade… read more →

India’s central banking authority is encouraging domestic banks to advise their clients to settle trade transactions between the United Arab Emirates and India using the dirham (AED) or Indian rupee… read more →

On Monday, the Indian government announced that India and the United Arab Emirates have begun conducting bilateral trade using their respective local currencies.  The prominent transaction involved India’s leading refiner,… read more →

In July, India’s merchandise trade deficit was at $20.67 billion, based on export and import figures released by the government on Monday. According to a Reuters survey, economists had forecasted… read more →