Emirates Business Dubai Trade, the premier cross-border trade facilitator, has announced the 9th edition of its annual flagship event, the E-Services Excellence Award (ESEA). The event aims to recognize the best performers in the e-Services adoption on Dubai Trade portal and celebrate the success of digital transformation in trade and logistics activities. Categories for the 9th ESEA will remain …

  Managua, Nicaragua / AFP The political and economic crises buffeting Brazil and Venezuela are having a big impact in Nicaragua, where the future of billion-dollar projects have been thrown into uncertainty. Venezuela was to have invested $6.5 billion in a petrochemical plant in the Central American country, while Brazil was set to spend $1.1 billion on a hydroelectric facility. They …

  Bloomberg EIG Global Energy Partners has submitted a new bid for Pacific Exploration & Production Corp. with $830 million in creditor recovery that the private-equity firm argues is “vastly superior” to one selected last month by the board of the Colombia-based oil producer. The new bid comes ahead of a Tuesday court hearing in Canada on Pacific’s restructuring plan. …