emeafinance eNews - January 2010
Turkey's RHEA buys into medical goods firm
Private equity investor sees growth in disposable products sector.
Invest AD sees upturn in MENA opportunities
Abu Dhabi-based firm hires new head of sales to capitalise on investor interest.
Al Tamimi appoints managing partner
Head of banking and finance takes new post at law firm.
EIB backs Romania's automotive sector
€400mn loan will allow Ford Romania to expand assembly plant.
World Bank MD steps down
Graeme Wheeler announces plans to leave development institution.
Morgan Stanley and Orascom in infrastructure deal
Bank and Egyptian construction company form investment joint venture.
EBRD ups 2010 forecasts
Bank says recovery looks stronger, but some countries will still struggle.
Bahrain and Malaysia exchanges partner on Islamic finance
Bourses will develop platform for trading Shariah-compliant finance products.
IFC to buy CEE banks' bad loans
Organisation will work with US firm on distressed debt project.
Salans announces new board
Fresh faces from Russia and Poland on law firm's top team.
Citadel Capital targets East Africa
Private equity firm to invest up to US$400mn in Kenya, Uganda, and Tanzania.
Poland plans USD bond sale
Government could return to international debt markets in Q1.
New investment banking head for RenCap
Russian bank hires former Troika Dialog MD Zoltan Szalai.
EFG Hermes sells stake in Bank Audi
Egyptian institution offloads holding in Lebanese bank for US$913mn.
Nasdaq Dubai clears first Islamic bond
IFC’s US$100mn sukuk marks groundbreaking transaction for Middle East bourse.
AfDB gives loan to Ethiopia
Bank provides project finance for road project to stimulate intra-regional trade.
Bidders emerge for Polish airline
Reports suggest both airlines and financial buyers interested in Polskie Linie Lotnicze LOT.
Upturn will gain momentum only gradually, says Nordea
Bank’s analysts see challenges to come for emerging Europe.
Outlook "stronger but fragile" says IMF boss
Dominique Strauss-Kahn says 2010 should be a “year of transformation”, but urges caution.
AfDB provides project finance for Egypt and Togo
Loans and grants cover agriculture and roadwork initiatives.
EFG Hermes in Bank Audi sale talks
Egyptian institution considers offloading stake in Lebanese bank.
Poland issues update on privatisation plans
Treasury raised almost PLN7bn through deals in 2009.
New fund targets distressed CEE businesses
EBRD, IFC and CRG Capital aim to raise €200mn for Special Situations Fund.
Eskom mulls selling stake in power project
South African utility explores sale to meet funding shortfall.
Al Tamimi makes Abu Dhabi hires
Middle Eastern law firm appoints new divisional heads to drive growth.
Oceanic cuts executive pay
Directors' salaries slashed by 35% to combat “over bloated” costs.
Orascom agrees syndicated loan
CHF160mn facility will let hotel company restructure debt.
DP World seeks London listing
Container terminal operator plans dual listing after valuation concerns.
Turkey closes $2bn bond issue
Deal marks largest ever 30-year bond from an emerging markets sovereign.
Russia plans return to debt markets
Investment banks pitch for country’s first international bond in a decade.
S&P predicts turning point in 2010
The year will see “guarded optimism” from emerging markets, says report.
Saudi Cable Company receives funds
Development fund backs power cable plant expansion with US$43mn loan.
Arab Banking Corp names deputy CEO
Khaled Kawan takes new post to strengthen senior management team.
CDC sees growth in sub-Saharan investment
Instability will deter some, but opportunities still exist, say analysts.
New chair for Old Mutual
Patrick O'Sullivan joins financial services group's board.
Singapore - October 5-6, 2010
2nd Annual Asia Trade & Export Finance Conference
London - November 3-4, 2010
2nd Annual West Africa Trade & Commodity Finance Conference
Cairo - November 10-11, 2010
3rd Annual North Africa Trade & Investment Conference
Gothenburg - November 18, 2010
3rd Annual Nordic Region Trade & Export Finance Forum
Dubai - February 15-16, 2011
8th Annual Middle East Trade & Export Finance Conference
