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الاقتصادية
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2026-11-09T11:07:00.000Z

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Barclays Opens Riyadh Hub

Barclays Opens Riyadh Hub

Barclays has opened a new office in Riyadh’s King Abdullah Financial District after obtaining a license from the Capital Market Authority to conduct investment banking and global markets activities. The move follows the licensing of its regional headquarters in Saudi Arabia in 2025. The bank has appointed Majed Al-Hassoun as CEO and Head of Investment Banking at Barclays Capital Saudi Arabia, to lead its local operations from Riyadh. The move is part of Barclays’ efforts to strengthen its business in Saudi Arabia and the Middle East and capitalize on growth opportunities in capital markets and investment services.

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