News UK ‘risks losing workers to Saudi Arabia’ The number of internet searches in the UK for construction jobs in Saudi Arabia has soared by 293% year on year, according to the online tradesperson marketplace, Rated People. It…
News UK facilitates €780m loan for Turkey’s new high-speed railway UK Export Finance (UKEF), the UK government’s export credit agency, has underwritten €781m of financing for a 286km high-speed railway across southern Turkey. Its Buyer Credit Facility will help contractor…
News UK government enables €422m of infrastructure upgrades in Zanzibar The UK Export Finance (UKEF) has allocated €422m in guarantees for infrastructure work on the Tanzanian archipelago of Zanzibar. Funding will be focused on two projects: an upgrade to Pemba…
News UK backs £26m loan to rebuild Ukrainian bridges The UK’s export credit agency, UK Export Finance (UKEF), has agreed to issue a buyer credit loan guarantee worth £26.3m that allows the Ukrainian government to to start rebuilding six…
Perspectives Will London lose its place as the top global arbitration hub? No. There has been much talk of late about the future of London as the world’s leading arbitration hub for construction. A recent survey showed the city now shares the top…
News UK and Ukraine sign trade deal to aid reconstruction efforts The UK Department for Business and Trade has signed an agreement to improve the Ukraine’s access to support for reconstruction efforts once the present conflict is over. The deal was…
News UK and US architecture registration boards launch mutual recognition agreement The UK’s Architects Registration Board (ARB) and the US’ National Council of Architectural Registration Boards (NCARB) have signed a mutual recognition agreement to allow architects to register to work in…
News Western Australia in drive to poach UK, Irish engineers and tradespeople Promising sunshine, surfing, high wages, and cheaper living, the government of Western Australia will visit the UK and Ireland this month to try and recruit civil engineers and skilled tradespeople…
News UK agrees to support specialist burns hospital in Angola The UK’s export credit agency, UK Export Finance (UKEF), will provide £130m in guarantees for the construction of a specialist burns hospital in Kilamba, north west Angola. The seven-storey hospital…
News UK government guarantees construction projects in Benin and Togo worth £174m Construction projects worth £175m are to be undertaken in the West African states of Benin and Togo thanks to funding from Deutsche Bank and Japan’s MUFG Bank, guaranteed by UK…
News UK supports Cameroon road project with £113m package UK export credit agency UK Export Finance (UKEF) will provide buyer credit and direct lending worth £113m (€135m) for a major road expansion in Cameroon.
