Citigroup opens Riyadh regional HQ as Wall Street deepens Saudi presence (C:NYSE)

Core Insights - Citigroup has opened a new regional headquarters in Riyadh, enhancing its presence in Saudi Arabia as Wall Street banks deepen their relationships with the kingdom's government and its nearly $1 trillion sovereign wealth fund [2] Company Developments - The new hub will serve as a strategic base for Citigroup in the Middle East, reflecting the bank's commitment to expanding its operations in the region [2]