BNP Paribas the lead sponsor for the 2nd Annual Fund Forum Middle East |
|
Share With Members!
For the second consecutive year, BNP ParibasBNP Paribas
has shown its support for the growing funds management and securities services industry in the Gulf countries by acting as lead sponsor at the Middle East's annual Fund Forum. The event took place between 1 to 4 December at the Gulf Hotel, in Bahrain The 2nd Annual FundForum Middle East 2008, was yet again another opportunity for BNP ParibasBNP Paribas to demonstrate its strong commitment to the development of asset management and securities services in the Gulf countries. The globally recognised investment forum brought together 500 delegates from around the world including, government officials, CEOs, senior global fund managers, fund buyers, investment managers, private bankers and institutional investors.
"We had a very positive response from our lead sponsorship of last year's 1st Annual Fund Forum and we are very pleased to be the lead sponsor again for the second year for this excellent event that has brought a large number of local and international market players together. This is an opportune time for us to reaffirm our commitment in the region, as we have high expectations regarding the growth of the fund management and securities services industry in the Gulf countries, and we are well positioned regionally to provide our expertise." said Tariq Al-Samahiji, CEO of BNP Paribas Investment Partners - MENA.
BNP Paribas Group, a European leader in banking and financial services, with a presence in more than 85 countries including the US and Asia, has a long standing commitment to the Middle East offering a wide selection of banking services to the region. The bank has been operating in the Gulf countries for over 35 years with a presence in: Bahrain, United Arab Emirates, Qatar, Kuwait and Saudi Arabia. BNP ParibasBNP Paribas has approximately 670 employees in the region working for three core business lines - Asset Management and Services, Corporate and Investment Banking, and International Retail Banking.
BNP ParibasBNP Paribas' asset management business, BNP Paribas Investment Partners, is globally recognised. One of the speakers at the FundForum was the CEO of SAIB BNP Paribas Asset ManagementSAIB BNP Paribas Asset Management, who raised participants' awareness of our MENA fund management capabilities. Also presented was a study on the correlation of MENA equity exposure in a global portfolio and the benefits this can offer investors seeking prudent diversification.
BNP ParibasBNP Paribas Securities Services at the FundForum also advised clients on the importance of global custody at a time where asset security is of paramount importance. BNP ParibasBNP Paribas is one of the top rated financial institutions in the world and is well positioned to assist clients in safe guarding their assets. BNP ParibasBNP Paribas Securities Service set-up offices in Bahrain earlier this year and have already taken on new clients as the need for global custody and securities services gains importance for local government agencies, regional fund managers and family offices
About BNP ParibasBNP Paribas
BNP ParibasBNP Paribas is a European leader in global banking and financial services and is one of the 3 strongest banks in the world according to Standard & Poor's. The group is present in 85 countries, with more than 171,000 employees, including 131.000 in Europe. The group holds key positions in three major segments: Corporate and Investment Banking, Asset Management & Services and Retail Banking. Present throughout Europe in all of its business lines, the bank's two domestic markets in retail banking are France and Italy. BNP ParibasBNP Paribas also has a significant presence in the United States and strong
positions in Asia and the emerging markets.
BNP Paribas Investment Partners
brings together the full palette of asset management expertise of the BNP ParibasBNP Paribas group. Through a unique platform that offers immediate and simplified access to a broad range of specialist Partner companies, BNP Paribas Investment Partners has become a leader among the multi-specialist asset managers. At 30 September 2008, assets under management amounted to €326 billion*, nearly half of which was managed for institutional clients. With 2,400 professionals serving clients in 70 countries, BNP Paribas Investment Partners draws on over half a century of asset management experience and has seen ten years of steady growth through acquisitions and joint-ventures. BNP Paribas Investment Partners has developed a strong franchise in New Markets with a network that includes operations and joint-ventures in Brazil, Argentina, China, India, Korea, Saudi Arabia, Morocco and Turkey, holding together EUR 25 Billion of assets under management as of end of september 2008.
About BNP ParibasBNP Paribas Securities Services
As a wholly owned subsidiary of BNP ParibasBNP Paribas, BNP ParibasBNP Paribas Securities Services is the world's highest rated custody bank (Standard & Poor's AA+). With €3.6 trillion assets under custody, €634 billion assets under administration and close to 6,000 funds administered, BNP ParibasBNP Paribas Securities Services is the eurozone's leading securities services provider and rated number 5 in the world. BNP ParibasBNP Paribas Securities Services has a unique multi-local model, servicing both the buy-side and sell-side with 5,600 employees worldwide, a local presence across 25 countries and global coverage of 100 markets.For more information, go to: www.securities.bnpparibas.com
For more information, please contact:
BIZ COM - "For PROactive Communications"
P.O. Box 48889, Dubai - UAE
Tel: +971 4 332-0888
Fax: +971 4 332-0999
Email: info@bizcom.ae
© Press Release 2008
Zawya is a distributor (and not a publisher) of content supplied by third parties and subscribers. Any opinions, advice, statements, services, offers, or other information or content expressed or made available by those third parties, including information providers, subscribers or other users of the Service, are those of the respective author(s) or distributor(s) and not of the Company. The Company neither endorses nor is responsible for the accuracy or reliability of any opinion, advice or statement made on the Service by anyone other than authorized Service employee spokespersons while acting in their official capacities. The Company is not responsible for any infringement of intellectual property rights or breach of any applicable law or regulation, including regulation in relation to financial services or the distribution of financial products, defamation, data protection, telecommunications (including regulations relating to excessive use, spamming or other abusive activities) or obscene, offensive or illegal content). Under no circumstances will the Company be liable for any loss or damage caused by a member's reliance on information obtained through the Service. It is the responsibility of member to evaluate the accuracy, completeness or usefulness of any information, opinion, advice or other content available through the Service. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, advice or other content.
Read the full Member Agreement
http://www.zawya.com/legal/NewsLetter.cfm?name=disclaimer
Comment on this article 
Loading ...-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
Stories
Companies
| Company Name | Country | Industry |
| Consolidated Contractors Company | Overseas | Construction and Design |
| Zuhair Fayez Partnership Consultants | Saudi Arabia | Construction and Design |
| Saudi Binladin Group | Saudi Arabia | Construction and Design |
| Saudi Electricity Company | Saudi Arabia | Electric Utilities |
| Barwa Real Estate Company | Qatar | Landlords and Developers |
| Roads and Transport Authority - Dubai | UAE | Regulatory and Administrative Bodies |
| Mubadala Development Company | UAE | Investment Firms and Funds |
| Ministry of Health - Saudi Arabia | Saudi Arabia | Ministries and Municipalities |
| Abu Dhabi Oil Refining Company | UAE | Oil |
| Qatar General Electricity and Water Corporation | Qatar | Electric Utilities |
Projects
| Project Name | Country | Sector |
| ENEC - Nuclear Power Plant | UAE | Power and Water |
| Abu Dhabi DOT - Abu Dhabi Metro | UAE | Infrastructure |
| Takreer - Ruwais Refinery Expansion | UAE | Oil and Gas |
| Abu Dhabi Ports Company - Khalifa Port and Industrial Zone (KPIZ) | UAE | Infrastructure |
| Aramco/Dow Chemical - Ras Tanura Integrated Refinery and Petrochemicals Complex | Saudi Arabia | Oil and Gas |
| SATORP - Jubail Refinery and Petrochemical Complex | Saudi Arabia | Oil and Gas |
| Emirates Aluminium (EMAL) - Smelter Complex - Phase 1 | UAE | Industry |
| Dubai Racing Club - Meydan City - Meydan Racecourse | UAE | Real Estate |
| Dubai RTA - Dubai Metro | UAE | Infrastructure |
| IGD - Gasco - Habshan 5 Gas Processing Plant | UAE | Oil and Gas |
