BNP Paribas Wealth Management Middle East Expansion & Relocation Of Its UAE Office In DIFC, ICD Brookfield Place


(MENAFN- Mid-East)

BNP Paribas Wealth Management is pleased to announce the inauguration of its new office at ICD Brookfield Place in Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region. This move represents a new milestone in BNP Paribas Wealth Management's journey, highlighting its continued growth and commitment to its clients.

The CEO of BNP Paribas Wealth Management Middle East, Antoine Chemali, said,“BNP Paribas Wealth Management's journey to success in this region is a testament to the trust and confidence our clients have placed in us. This new office reflects our commitment to better serve them while adhering to the strictest sustainability standards.”

Arif Amiri, Chief Executive Officer, DIFC Authority, commented:“We welcome BNP Paribas Wealth Management's expansion as they continue to thrive within DIFC's eco-system of over 330 wealth and asset management firms. It is also encouraging to see the firm's commitment to climate action, in alignment with DIFC's Strategy 2030, as we continue to seek new long-term solutions on our collective path to a Net-Zero future.”

The BNP Paribas Wealth Management office has registered for the LEED Gold Certification thanks to reduced energy consumption and efficient management of resources.

About BNP Paribas:

BNP Paribas is the European Union's leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group's commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability.

About Dubai International Financial Centre:

Dubai International Financial Centre (DIFC) is one of the world's most advanced financial centres, and the leading financial hub for the Middle East, Africa and South Asia (MEASA), which comprises 72 countries with an approximate population of 3 bn and an estimated GDP of USD8 trn.

With a close to 20-year track record of facilitating trade and investment flows across the MEASA region, the Centre connects these fast-growing markets with the economies of Asia, Europe and the Americas through Dubai.

DIFC is home to an internationally recognised, independent regulator and a proven judicial system with an English common law framework, as well as the region's largest financial ecosystem of over 39,000

professionals working across over 4,900 active registered companies – making up the largest and most diverse pool of industry talent in the region.

The Centre's vision is to drive the future of finance through cutting-edge technology, innovation, and partnerships. Today, it is the global future of finance and innovation hub offering one of the region's most comprehensive FinTech and venture capital environments, including cost-effective licensing solutions, fit-for-purpose regulation, innovative accelerator programmes, and funding for growth-stage start-ups.

Comprising a variety of world-renowned retail and dining venues, a dynamic art and culture scene, residential apartments, hotels and public spaces, DIFC continues to be one of Dubai's most sought-after business and lifestyle destinations.

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