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Financial Services;Mergers & Acquisitions
Financial Services;Mergers & Acquisitions

AIG expands Latin American footprint through acquisition of Everest Colombia

American International Group has signed a definitive agreement to acquire 100% of Everest Group’s Colombian insurance subsidiary. Scheduled to close in early 2027, the acquisition absorbs licensed operations and underwriting teams to accelerate commercial property and casualty growth in South America.

United States | 2 weeks ago
Mergers & Acquisitions
Mergers & Acquisitions

WisdomTree completes $200 million acquisition of Atlantic House for active ETF expansion

WisdomTree has completed its acquisition of Atlantic House Holdings for £150 million (approximately $200 million), advancing its strategy in active ETFs and outcome-oriented strategies. The London-based manager adds derivatives-driven investment expertise, supporting the planned launch of 15-20 defined outcome ETFs globally over the next 18 months.

2 weeks ago • United Kingdom;United States
Mergers & Acquisitions
Mergers & Acquisitions

Aviva expands claims ecosystem through acquisition of DisasterCare

Aviva has acquired specialist restoration firm DisasterCare to internalize its property recovery supply chain. The move aims to accelerate claim processing times, reduce indemnity costs through faster damage mitigation, and integrate specialized flood restoration training expertise directly into the insurer’s core operations.

2 weeks ago • United Kingdom
Mergers & Acquisitions
Mergers & Acquisitions

Estithmar Holding enters Syrian financial market with 49 percent stake in Shahba Bank

Estithmar Holding, via its subsidiary Masaref Holding, has acquired a 49 percent interest in Syria-based Shahba Bank. The strategic investment aims to capitalize on Syria's economic recovery and reconstruction efforts while expanding the Qatari group’s regional financial services footprint and diversifying its multi-sector investment portfolio.

2 weeks ago • Qatar;Syrian Arab Republic
Agriculture & Farming
Agriculture & Farming

EFSE and KGF launch sustainable agriculture guarantee program for Turkish farmers

The European Fund for Southeast Europe has launched a cooperation with Turkey's Credit Guarantee Fund to develop a sustainable agriculture guarantee program. EFSE will also provide approximately EUR 100 million in financing to partner financial institutions, addressing collateral constraints while encouraging climate-smart and resource-efficient agricultural investments.

2 weeks ago • Turkey
Investments & Funding
Investments & Funding

IFC targets $10 billion annual investment in India by 2030 to bolster infrastructure and climate goals

The International Finance Corporation (IFC) intends to nearly double its yearly capital deployment in India to $10 billion by 2030. Focusing on renewable energy, urban development, and financial services, the strategy emphasizes mobilizing private capital through innovative instruments like pooled municipal bonds to address India's growing infrastructure needs.

2 weeks ago • India
Investments & Funding
Investments & Funding

ADB approves $250 million loan for Bangladesh social protection reforms

The Asian Development Bank has approved a $250 million loan to support Bangladesh in operationalising social protection system reforms. The programme expands widow allowance coverage to at least 250,000 additional vulnerable women, introduces contributory schemes, and increases access to financial services for women entrepreneurs by at least 15%.

2 weeks ago • Bangladesh
Islamic Finance
Islamic Finance

EBRD doubles trade finance support for Arab Islamic Bank to USD 10 million to bolster West Bank commerce

The European Bank for Reconstruction and Development has expanded its credit facility for Palestine’s Arab Islamic Bank, increasing the trade finance limit to USD 10 million. This tactical capital injection aims to sustain cross-border commercial activity in the West Bank by mitigating the impact of restricted international banking access.

2 weeks ago • Palestinian Territory
Investments & Funding
Investments & Funding

AfDB approves $10.4 million grant for Ghana's public financial management reforms

The African Development Bank has approved a $10.41 million grant to strengthen Ghana's public financial management, improve domestic resource mobilisation, and prepare a new national development plan. The SIEFEG project targets spending oversight, gender equality, and climate resilience amid recent macroeconomic improvements including reduced inflation and fiscal deficit.

2 weeks ago • Ghana

Latest News

Business & Corporate | 2 days ago

Rashmi Group commits INR 350 billion to expand industrial footprint in West Bengal

Diversified industrial major Rashmi Group has announced a massive 35,000 million INR investment to scale its steel, power, and mining operations in West Bengal. The plan includes adding 7 million tonnes of annual steel capacity and operationalizing newly acquired coal blocks across several districts.

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