Riyadh

Morgan Stanley Expands Global Footprint with New Headquarters in Riyadh

29 days ago

In a significant move reflecting the growing influence of the Middle East in global finance, Morgan Stanley has officially announced the establishment of its new headquarters in Riyadh, Saudi Arabia. This strategic decision aligns the company with other major U.S. financial institutions that have recently opted to bolster their presence in the region, enhancing their ability to tap into the burgeoning markets of the Gulf Cooperation Council (GCC).

Citi Secures Approval for Regional Headquarters in Riyadh, Saudi Arabia

1 month ago

In a significant move to expand its presence in the Middle East, Citigroup Inc. has received the green light from Saudi Arabia to establish a regional headquarters in Riyadh. This decision comes in the wake of the Kingdom's ongoing efforts to position itself as a global financial hub, leveraging its strategic location and robust economic initiatives.

BlackRock Secures Approval for Regional Headquarters in Riyadh

2 months ago

In a significant move that underscores Saudi Arabia's ambition to establish itself as a global financial hub, BlackRock, the world’s largest asset manager, has been granted official approval to set up its regional headquarters in the Kingdom's capital, Riyadh. This decision marks a pivotal development in the ongoing transformation of the Saudi economy, particularly under the Vision 2030 initiative, which aims to diversify the country's economic landscape beyond oil reliance.

Airbus Set to Finalize Major Jet Deal with Saudi Startup Riyadh Air

2 months ago

In a significant move for the aviation industry, Airbus is reportedly on the brink of finalizing a monumental deal to supply a substantial number of aircraft to Riyadh Air, a startup airline backed by the Saudi government. This partnership is poised to play a crucial role in bolstering Saudi Arabia's ambitions to establish itself as a leading hub for global travel.

Saudi Arabia Unveils Ambitious Giga Project: The Enormous Cube in Riyadh

2 months ago

In a bold stride towards modernity and economic diversification, Saudi Arabia has announced its next monumental undertaking, a gigantic cubic structure destined to transform the Riyadh skyline. This ambitious project is part of the kingdom's broader Vision 2030 initiative, aimed at reducing its dependence on oil revenues and attracting international tourism and investment.