Citigroup Establishes Regional HQ in Riyadh, Bolstering Investment Ties with Saudi Arabia

Citigroup has opened its regional headquarters in Riyadh, signaling a strategic expansion into the Gulf region. This move is part of the bank’s efforts to solidify ties with Saudi Arabia under Vision 2030, which aims to diversify the nation’s economy. The new headquarters was approved by the Ministry of Investment in Saudi Arabia. This development enhances Citigroup’s presence in the Kingdom, aligning with its investment objectives and supporting its growth prospects within Saudi Arabia.