trade_finance

Bogotá – September 8, 2026 -- Avianca has secured financing of up to US$300 million arranged through Citibank and backed by Brazil's Export Credit Insurance program (SCE) to fund maintenance, repair and overhaul work on its CFM56 aircraft engines at GE Aerospace's Celma MRO facility in Brazil.

Deal marks first non-Brazilian airline financing under ABGF's export credit framework

The transaction, structured with support from the Brazilian Agency for Management of Guarantee Funds and Guarantees (ABGF), is the first instance of a non-Brazilian carrier accessing this financing mechanism for aircraft engine maintenance services. The structure is designed to support the export of high-value Brazilian technical services.

Dubai, UAE – September 07, 2026 -- XTransfer has secured in-principle approval for a Retail Payment Services Licence from the Central Bank of the UAE, a move that will let the B2B cross-border payment platform serve mainland UAE clients once pre-issuance conditions are met.

Regulator clears path for mainland UAE trade payments

The licence extends XTransfer's regulated payment services into the UAE, positioning the company to support businesses engaged in international trade with compliant, secure cross-border transaction tools once formal issuance is complete.

UAE approval anchors China-Middle East-Africa trade corridor

The UAE serves as a major regional trade and re-export hub connecting Chinese commerce with Africa and other emerging markets. XTransfer said the licence strengthens its capacity to support trade flows between China, the Middle East and Africa with more accessible cross-border payment infrastructure.