New Delhi: The petroleum and natural gas regulator has warned that it will encash bank guarantees and terminate contracts of city gas distributors if they fail to submit annual performance bond ...

Riyadh - Middle East Specialized Cables Company (MESC) has renewed a Sharia-compliant banking facility agreement with Alinma ...

Letters of credit are legal instruments providing a financial guarantee. They assure a beneficiary that payments will be made or nonfinancial obligations performed by a seller or provider. Standby ...