Tuesday 19 March 2024
 
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BNP Paribas

BNP Paribas appoints top MEA official

BNP Paribas Wealth Management Middle East & Africa (MEA) has announced the appointment of Masroor Batin as the new CEO and senior executive officer (SEO) of the Dubai International Finance Centre (DIFC). In his new role, Batin

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BNP Paribas to set up branch in ADGM

Abu Dhabi Global Market (ADGM), the international financial centre in Abu Dhabi, held an event to welcome BNP Paribas Group, one of the world’s largest international banks, in establishing its branch within the ADGM jurisdiction.

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BNP Paribas launches new branch at ADGM

BNP Paribas Group, one of the world’s largest international banks, has announced the launch of its new branch at the Abu Dhabi Global Market (ADGM), the international financial centre in the UAE capital. This development was

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Abu Dhabi's Taqa mandates banks for US dollar bond

Abu Dhabi National Energy Company (Taqa) has mandated BNP Paribas, Citi, First Gulf Bank, HSBC, National Bank of Abu Dhabi and SG CIB as joint bookrunners to arrange investor meetings for a possible bond issue, a document from arrangers showed.

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BNP Paribas, ING, Bahrain group in race for HSBC Turkey

ING Group NV, BNP Paribas and Bahrain-based Arab Banking Corporation (ABC) have submitted bids to buy HSBC's Turkish business, a source familiar with the process said. The source said the bids are non-binding, suggesting that

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Emirates Steel gets $1.3bn funding for expansion

Abu Dhabi based Emirates Steel, a Senaat company, said it has secured new credit facilities worth $1.3 billion from a consortium of 19 leading local and international banks without government guarantees. The transaction reflects E

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ENBD sees bad loans at 14-15pc in 2013

Bad loans as a proportion of the bank's total lending book will be 14-15 percent this year, instead of a previous estimate of 15-16 percent, Surya Subramanian, chief financial officer of Emirates NBD, Dubai's largest lender, said.

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ENBD buys out BNP's Egyptian arm

Emirates NBD, Dubai's largest lender, has completed the acquisition of BNP Paribas' Egyptian assets after receiving regulatory approval in the North African country, the bank said in a statement on Tuesday. In December, EN

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ENBD eyes BNP Paribas Egypt buy by mid-May

Emirates NBD, Dubai's biggest bank, plans to complete its acquisition of French lender BNP Paribas' Egyptian operations by mid-May, its chief executive said on Thursday. "The completion should be finalised in mid-May,

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Etisalat picks banks for Maroc Telecom stake buy

  Etisalat, the UAE's biggest telecommunications operator, has hired banks to advise on its planned acquisition of Vivendi's 53 percent stake in Maroc Telecom, banking sources aware of the matter said.  

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