Riyadh - Sharikat Mubasher: Goldman Sachs, a leading global financial institution, announced the official opening of its new office and regional headquarters (RHQ) in Riyadh at King Abdullah Financial District (KAFD).

Through the new office, Goldman Sachs will benefit from and strengthen KAFD’s thriving ecosystem to expand its presence in Saudi Arabia, the company announced in a statement today.

Anthony Gutman, Co-CEO of Goldman Sachs International and Co-Global Head of Investment Banking, stated that the opening of the new office underscores the company’s 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,” Gutman added.

Meanwhile, Omar Alzaim, CEO of Goldman Sachs Saudi Arabia, commented: “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.”

KAFD is a leading business and lifestyle district in Saudi Arabia that encompasses commercial, retail, residential, and hospitality offerings and hosts over 140 prestigious global and local corporations and 19 regional headquarters.