03 Jun 2017
(MENAFN) As the latest step by Western banks to expand operations in Saudi Arabia, Goldman Sachs has applied to the country’s capital markets regulator for a license to trade equities in the kingdom.
According to sources familiar with the matter, they made the application to the Capital Market Authority (CMA) and a successful outcome could lead to a further expansion of its business in the kingdom.
Since 2009, Goldman was operating in the kingdom as an agent and underwriter, and in 2014, he Saudi Capital Market Authority approved a change in the bank’s profile and it has been authorized to arrange, advise and manage investment funds and portfolios.
MENAFN0306201700450000ID1095530183
MENAFN0306201700450000ID1095530183
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
27 Jan 2025
BBK offers customers with exclusive Tas’heel and Mazaya Finance to own their dream home
15 Jan 2025
BBK Signs Strategic Partnership with Bahrain Airport Company to Develop “Express Cargo Village”
08 Jan 2025
Bank of Bahrain and Kuwait and Global Payment Services Deliver the First Advanced Fraud Prevention Solution for Wallet Provisioning in the Kingdom of Bahrain
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more