economy

UAE eyes deeper banking, investment cooperation with French firms

Mohammad Bin Zayed holds talks with chairman of BNP Paribas, which opened a branch at the Abu Dhabi Global Market

WAM
15:57 February 13, 2018

Abu Dhabi: His Highness Shaikh Mohammad Bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces, on Tuesday received Jean Lemierre, chairman of the board of directors of BNP Paribas, a French international banking group, which recently opened a branch in the Abu Dhabi Global Market (ADGM).

During the meeting, Shaikh Mohammad welcomed Lemierre and discussed with him ways to further develop banking and investment cooperation between financial institutions in the UAE and France.

Shaikh Mohammad also welcomed the move by the BNP Paribas Group to join the Abu Dhabi Global Market, adding that Abu Dhabi is continuing to create an ideal environment for attracting prestigious companies seeking growth and expansion in their financial and commercial business.

He wished the group and all partners success in achieving further growth and expansion to meet their needs and keep abreast of global financial developments.

Lemierre, in turn, said that the UAE is making rapid strides in the development process, especially in the field of successful investment, noting that the BNP Paribas has benefited from the position of the ADGM as an important international hub in the business arena, noting that it provides the group with the opportunity to build strong relationships with customers in the UAE.

The meeting was also attended by ADGM chairman Ahmad Ali Al Sayegh.