New Regional Headquarters: Citi officially opened its new Regional Headquarters (RHQ) Office at Kingdom Tower in Riyadh, Saudi Arabia, on October 25, 2025. Regional Headquarters Licence: This move follows Citi receiving its RHQ license in November 2024 and aligns with Saudi Arabia’s initiative encouraging companies to establish a regional headquarters. Youth Employment Program: The Citi Foundation also announced a $500,000 grant to […]
New partnership with Waseel Investment and renewed backing from Shorooq, underscore investor confidence in COLABS’ cross-border vision. Aligned with Vision 2030, the expansion aims to accelerate entrepreneurship, create jobs, and attract new investment flows between Saudi Arabia and Pakistan. A bridge between Saudi and Pakistani ecosystems, COLABS will help companies launch, scale, and operate through […]
Barclays has received a provisional Capital Market Authority (CMA) licence, secured premises in King Abdullah Financial District, and will open its Riyadh office in 2026, expanding its presence in Riyadh as part of its broader Middle East growth strategy Mohammed Al-Sarhan will join as an Independent Non-Executive Chairman of the Board for Barclays’ Saudi Arabia […]
Fraser replaces Steve Demetriou, former CEO of engineering contractor Jacobs, who held the role from 2018 to 2024. The U.S.-Saudi Business Council has named Citigroup CEO Jane Fraser as U.S. co-chair of its board, representing the United States. Fraser replaces Steve Demetriou, former CEO of engineering contractor Jacobs, who held the role from 2018 to […]
Riyadh, Saudi Arabia – Franklin Templeton, one of the world’s largest global asset managers, is delighted to announce that it has successfully registered eight actively- managed global funds following approval from the Saudi Capital Market Authority (CMA) for qualified investors. The registered funds cover a broad spectrum of sectors and geographies representing the breadth of the […]
In May last year, the U.S. bank obtained a licence to set up its regional headquarters in Riyadh, where it has had an office since 2008. Goldman Sachs is setting up a private wealth management team in Saudi Arabia, it said on Tuesday, as it boosts its offer in the Middle East to serve a […]
Riyadh — (ARAB NEWSWIRE) – Sahm Capital, a fast-growing fintech-driven financial company, announced its collaboration with Nasdaq Data as the first CMA-licensed financial company in the MENA region to launch Nasdaq TotalView® and introduce the Sahm – Nasdaq Investor Education Program. This landmark moment was celebrated on the Nasdaq Tower billboard in New York’s Times Square, […]
Riyadh, Saudi Arabia: 21 October 2025: Doha Bank, one of Qatar’s leading financial institutions, and PayTabs Group, MENA’s award-winning payment orchestration solutions provider, have signed a strategic partnership to provide value-added services that enhance the e-commerce ecosystem for merchants in Qatar. The collaboration marks a significant milestone in advancing Qatar’s cashless economy, supporting small and […]
Riyadh, Saudi Arabia – TeleMoney — the international money transfer service offered by Arab National Bank (anb) in the Kingdom of Saudi Arabia — has entered a strategic collaboration with Mastercard to deliver innovative cross-border payment services through Mastercard Move. This collaboration supports Saudi Vision 2030 and reflects Mastercard’s ongoing commitment to advancing the digital transformation […]
Tabby will use NVIDIA HGX systems to securely host and train its AI models, developing AI use cases for financial services. Riyadh, Saudi Arabia: Tabby, the financial services app, today announced it is deploying NVIDIA HGX systems to begin developing and testing its AI capabilities to better serve a growing base of customers and merchants. The […]