Sunday 16 December 2018
 
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Société Générale

Societe Generale announces key ME appointments

French banking major Societe Generale is pursuing its growth strategy in the Middle East with the further development of dedicated teams in the region. By creating four new positions in its Dubai hub, Societe Generale aims to rein

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SocGen arranges $227m financing for Oman Shipping

Oman Shipping Company, wholly owned by the Sultanate of Oman, successfully raised $227 million to finance its purchase of 10 new medium range tankers, which are chartered to Shell Tankers Singapore for seven years. Societe General

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SocGen arranges $227m financing for Oman Shipping

Oman Shipping Company, wholly owned by the Sultanate of Oman, successfully raised $227 million to finance its purchase of 10 new medium range tankers, which are chartered to Shell Tankers Singapore for seven years. Societe General

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Societe Generale appoints chief for Saudi

Societe Generale, a global financial services company, has announced the appointment of Antoine Toussaint as chief country officer and CEO of Societe Generale SAR, its CMA licensed subsidiary in Saudi Arabia. Based in Riyadh, Tous

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SocGen named lead manager for $750m NBAD bond

Societe Generale Corporate & Investment Bank (SocGen) was mandated as a bookrunner and joint lead manager for National Bank of Abu Dhabi’s inaugural USD-denominated Tier 1 $75o million offering. The perpetual bond issue

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Oil could hit $150 if Syria war spreads: SocGen

Brent crude oil is likely to rise towards $125 a barrel if the West launches air strikes against Syria and could go even higher if the conflict spills over into the rest of the Middle East, Societe Generale said on Wednesday. Mich

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SocGen plans $300m sukuk in Malaysia

Societe Generale will launch a 1 billion ringgit ($300 million) Islamic bond programme in Malaysia, two sources familiar with the deal told Reuters, becoming the second major European bank to issue sukuk and the first to do so in Asia.

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Currency crisis 'won't affect QNB Egypt buy'

  Qatar National Bank hopes to complete the purchase of Societe Generale's Egyptian unit in the next two months and won't be deterred by the currency crisis in the north African country, it said on Wednesday.

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Qatar gives SocGen an honourable exit from Egypt

(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.) Qatar has given Societe Generale an honourable exit from Egypt. State-backed Qatar National Bank will buy the French bank's 77 percent stak

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QNB picks JP Morgan for Egypt buy

Qatar National Bank (QNB), the state lender seeking to boost its regional presence through acquisitions, has hired JP Morgan Chase to advise on its planned buy of Societe Generale's Egyptian arm, three sources said. SocGen is in ear

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