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Saudi SWCC picks BNP for $7bn power plant saleSaudi Arabia has hired BNP Paribas to advise on the sale of Ras Al Khair power plant, the largest of its kind being built at a cost of $7.2 billion, reported Bloomberg, citing people familiar with the matter. More… |
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Saudi SWCC picks BNP for $7bn power plant saleSaudi Arabia has hired BNP Paribas to advise on the sale of Ras Al Khair power plant, the largest of its kind being built at a cost of $7.2 billion, reported Bloomberg, citing people familiar with the matter. More… |
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Saudi SWCC picks BNP for $7bn power plant saleSaudi Arabia has hired BNP Paribas to advise on the sale of Ras Al Khair power plant, the largest of its kind being built at a cost of $7.2 billion, reported Bloomberg, citing people familiar with the matter. More… |
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Saudi Binladin plans up to $265m sukukSaudi Binladin Group (SBG) has begun marketing a 364-day sukuk issue to local investors in the kingdom which could raise up to SR1 billion ($265 million) for the construction firm, sources aware of the matter said on Thursday. The More… |
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US slaps $9bn fine on BNP in new sanctions warningFrench bank BNP Paribas has pleaded guilty to two criminal charges and agreed to pay almost $9 billion to resolve accusations that it had violated US sanctions against Sudan, Cuba and Iran, in a severe punishment aimed at sending a clear message More… |
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US threatened $16 billion BNP penalty: sourcesUS authorities negotiating with BNP Paribas over alleged sanctions violations at one point suggested that France's biggest bank pay a penalty as high as $16 billion, according to people familiar with the matter. While the sour More… |
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Possible $10bn US fine on BNP unreasonable: FranceFrance said it would defend the interests of its biggest bank BNP Paribas, calling a possible $10 billion-plus US fine "unreasonable" and warning it could have a bearing on transatlantic free trade talks. French governme More… |
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Clifford Chance advises on Binladin financingLaw 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 More… |
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BNP to move some office ops from BahrainFrench 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 More… |
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Bahrain gets $5.5bn orders for bondBahrain 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 More… |
