Goldman Sachs Group Inc. has opened a new office in the financial district of Saudi Arabia’s capital Riyadh, deepening its presence in the largest Middle Eastern economy.
The Wall Street firm, which has been operational in the kingdom since 2008, is moving into the King Abdullah Financial District next year, joining Paris-based Rothschild & Co. and many other top institutions that have set up shop in the hub that spans 1.6 million square meters.