2010 BNP Paribas regional mandate is extended to the Middle East and South Africa, for CIB. The BNP Paribas Careers Centre MEA is opened to support the Qatar government s

policies on economic diversification and the evolution into a regional knowledge economy.

The Banker magazine selects BNP Paribas for Middle East Loan of the Year award (Qatar Telecom).

2011 BNP Paribas regional mandate is extended to the Middle East and Africa, for CIB. On 29 May 2011, BNP Paribas Chief Executive Officer, Baudouin Prot, visits Qatar.

The visit includes private meetings with H.M. Hamad bin Khalifa Al Thani, Emir of the State of Qatar, H.E. Sheikh Hamad bin Jassim bin Jaber Al Thani, Prime Minister of Qatar, among numerous other senior officials.

The Banker magazine gives BNP Paribas a Deal of the Year award in the category of Financial Institutions Group Capital Raising. (Qatar National Bank)

2012 BNP Paribas chooses Qatar as the regional base for its Global Trade Solutions (GTS) business line.

2013 BNP Paribas celebrates 40 years of operation in Qatar. Jean Lemierre, Advisor to the Chairman, visits Qatar, attends the 40th anniversary

celebrations and meets with government officials, regulators and clients.

Support for development

Qatar started drilling for oil in 1949, and the results put the country on the incredible growth trajectory it is still enjoying today. With its natural gas projects coming on line in the 2000s, the country began a phase of rapid development, under the leadership of H.M. Hamad bin Khalifa Al Thani, Emir between 1995 and 2013.

The National Vision 2030 provides a guide for the country s growth, laying out the government s commitment to creating a dynamic, competitive and broad-based economy by increasing economic diversification through the re-investment of Qatar s significant energy wealth.

Qatar is the world s number four producer of natural gas and the number one exporter of liquefied natural gas (LNG). Natural gas production capacity now stands at 3.75 trillion cubic feet per year, nearly four times the country s production in 2000.

As the country has used its hydrocarbon exports to invest massively in its economy and infrastructure, profound changes in the economy have taken place, lifting per capita income to the highest in the world. To further diversify the country s economic interests and preserve wealth for future generations, the Qatar Investment Authority was established in 2005, with a remit to invest in diverse asset classes globally.

Throughout the Gulf region, BNP Paribas has worked closely with governments and major companies on the practical aspects of economic diversification, including privatisation,

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