Citigroup expands Saudi team ahead of FDI rise

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US-based Citigroup says it plans to hire five additional bankers in Saudi Arabia as it prepares for an expected rise in foreign direct investment (FDI) on the Riyadh stock exchange. The New York-headquartered lender is expanding its team in Riyadh after getting regulatory approval last month to start equities trading and custody services.  Carmen Haddad, chief country officer for Saudi Arabia, said in an interview with Arabian Business: "We've had about 14-15 people on the ground and th...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.