Goldman Steps Up Saudi Wealth Bet to Target Middle East’s Rich

Goldman Steps Up Saudi Wealth Bet to Target Middle East’s Rich

Goldman Sachs Opens Private Wealth Management in Riyadh

Goldman Sachs announced a key milestone in its continued growth in the Middle East by launching the first stage of an onshore Private Wealth Management presence in Riyadh, Saudi Arabia, complementing the firm’s longstanding capabilities to serve Middle East wealth management clients. The offering extends the capabilities of Goldman Sachs’ Riyadh office, which was established in 2008. “We are delighted to expand our commitment to Saudi Arabia by …

Goldman Sachs expands wealth management services in Saudi Arabia

Goldman Sachs has announced an expansion in the Middle East, with the launch of its onshore Private Wealth Management services in Riyadh, Saudi Arabia.  The launch enhances the capabilities of the US-based company’s Riyadh office, which has been operational since 2008.  Goldman Sachs said that private wealth management is part of its strategic focus and plans to scale its services for clients both in the Middle East and worldwide.  The new unit …

Goldman Forms Onshore Wealth Presence in Saudi Arabia

New York-based Goldman Sachs continues to expand in the Middle East with its latest decision to set up an onshore wealth management business in Saudi Arabia. Goldman Sachs is launching an onshore private wealth management presence in Riyadh, Saudi Arabia, according to a statement. To support business expansion, the bank has transferred Yousef Alhozaimy and Khalid Soufi as private wealth advisors to be based in Riyadh and all seek to actively hir…

Goldman Sachs extends services in Saudi Arabia

Investment bank Goldman Sachs is setting up a private wealth management team in Saudi Arabia, it said on Tuesday. The US bank is boosting its offering in the Middle East to serve a growing number of high net worth individuals in the region. In May last year, the bank obtained a licence to set up its regional headquarters in Riyadh, where it has had an office since 2008. The wealth management team will extend the office’s capabilities, Goldman Sa…

Goldman Sachs sets up private wealth management team in Saudi Arabia

In May last year, the U.S. bank obtained a licence to set up its regional headquarters in Riyadh, where it has had an office since 2008