Goldman Sachs Group Inc. has recently opened a new office in Riyadh's King Abdullah Financial District, expanding its presence in Saudi Arabia, the largest economy in the Middle East.
This move represents a significant growth for the Wall Street firm, which has been active in the country since 2008.
The King Abdullah Financial District, a vast hub spanning 1.6 million square meters, is increasingly attracting major financial institutions.
Goldman Sachs now joins other prestigious firms, such as Rothschild & Co. based in Paris, that have established operations in this thriving financial center.