Saudi Arabia to recognize Barclays regional headquarters in Riyadh, minister says

Reuters
2025.10.26 08:07
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Saudi Arabia will soon recognize Barclays' regional headquarters in Riyadh, as announced by Investment Minister Khaled al-Falih during a business forum. He expressed gratitude for Barclays' confidence in the kingdom as a business platform, indicating that the official recognition will occur in a couple of days.

RIYADH, Oct 26 (Reuters) - Saudi Arabia plans to recognize Barclays’ (BARC.L) regional headquarters in the kingdom in a ‘couple of days,’ Investment Minister Khaled al-Falih said in a business forum in Riyadh on Sunday.

“If I may break that news, we will be recognizing Barclays for the regional headquarters in a couple of days, and I’d like to thank you for that word of confidence into the kingdom as a platform,” he said, as he was addressing Barclays CEO C.S. Venkatakrishnan on stage at the Fortune Global Forum in the Saudi capital.