Friday 25 April 2014
 
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BNP

Clifford Chance advises on Binladin financing

Law firms Clifford Chance and Al-Jadaan & Partners acted as the legal adviser on the Saudi Binladin Group’s (SBG) financing for the King Abdulaziz International Airport. BNP Paribas Investment Company Saudi Arabia and GI

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BNP to move some office ops from Bahrain

French lender BNP Paribas  plans to move some of its back-office operations out of regional hub Bahrain, Reuters said quoting two sources. The sources, who spoke on condition of anonymity, said BNP may boost existing Gulf locations su

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Bahrain gets $5.5bn orders for bond

Bahrain attracted $5.5 billion in orders for its $1.25 billion 10-year bond, banking and fund management sources said on Wednesday.    The bond was earlier launched at a spread of 200 basis points over mid-swaps. Lead manag

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Foreign banks to be more cautious in Saudi: BNP

Foreign banks will become more cautious when lending to Saudi family businesses, following the trouble at two large conglomerates that shook confidence in the region, an executive at France's BNP Paribas said. Privately-owned firms Saa

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Citi, BNP top lenders to Saudi groups says report

BNP Paribas and Citigroup figure among the biggest lenders to Saudi billionaire Maan Al-Sanea with a 16 percent share of $6.3 billion in syndicated loans to him and the Algosaibi family, Bloomberg News reported on Wednesday. Both Algosaibi

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Lebanon Bank to tie up with BNP Paribas

Emirates Lebanon Bank, a fully-owned subsidiary of Bank of Sharjah, and BNP Paribas are in the process of filing for regulatory approval in relation with their contemplated partnership in Lebanon. As per agreements entered into between th

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ABC, BNP to arrange $100m for IFC

Arab Banking Corporation (ABC) and BNP Paribas have been mandated by International Finance Company KSC (IFC) to arrange a $100 million amortizing syndicated term loan facility. The facility has been fully underwritten by Arab Banking Corpo

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BNP Paribas names new head of treasury

BNP Paribas in the Gulf has appointed Khalid Humaidan as regional head of treasury. He will coordinate the Asset Liability Management (ALM) policies of BNP Paribas's comprehensive Gulf network. The 34-year old Bahraini national graduated f

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