Emirates NBD expands its bank in Saudi Arabia | ZAWYA MENA Edition

Emirates NBD expands its bank in Saudi Arabia | ZAWYA MENA Edition:

"Emirates NBD has expanded its operations in Saudi Arabia by opening its first branch in Jeddah and announcing plans to open two other branches elsewhere in the kingdom, Dubai's largest bank said on Monday. It is the latest foreign bank seeking to expand its presence in Saudi Arabia in anticipation of business stemming from the kingdom's plans to overhaul it economy. Citi C.N also said on Monday that it had officially opened its new offices in Kingdom Tower, Riyadh. The bank, which pulled out of Saudi Arabia in 2004, in January won formal approval from Saudi Arabia's Capital Market Authority to begin investment banking."



'via Blog this'