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Goldman Sachs opens new office in Riyadh
Goldman Sachs today announced the official opening of its new office and regional headquarters (RHQ) in Riyadh, Kingdom of Saudi Arabia. Located in the King Abdullah Financial District (KAFD), the new office reflects the firm’s ongoing commitment to Saudi Arabia and gives Goldman Sachs the capacity to grow its presence in the Kingdom. Goldman Sachs has had a presence in Saudi Arabia since 2008.
Anthony Gutman, Co-CEO of Goldman Sachs International & Co-Global head of Investment Banking: “The opening of this new office underscores our belief in Saudi Arabia’s transformative journey under Vision 2030 and its rapidly evolving economy. We are committed to contributing to Saudi Arabia’s economic transformation efforts, by continuing our role as an enabler of the import of world-class expertise, human capital and financial capital that meet the evolving needs of the Saudi market.”
Omar Alzaim, CEO Goldman Sachs Saudi Arabia: “This is an important milestone for Goldman Sachs in Saudi Arabia where we continue to expand our local presence since our establishment in 2008. Today’s opening of our new office underscores our unwavering commitment to Saudi Arabia, our ambitious growth plans, and the considerable opportunities we see for doing business within the Kingdom in our four main businesses of investment banking, markets, asset and wealth management.”
Sultan Alobaida, Chief Commercial Officer of King Abdullah Financial District Development and Management Company: “We are excited to welcome Goldman Sachs to KAFD as we expand our community of prestigious global and local institutions. As the business spine of the Kingdom, KAFD continues to be a leading destination for businesses establishing regional headquarters in Saudi Arabia, shaping a world-class business ecosystem aligned with Saudi Vision 2030.”
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