According to Jin10, Barclays announced today (November 9) it will establish an office in Riyadh's King Abdullah Financial District (KAFD). The announcement came one day after the area was targeted by Houthi attacks. Barclays has appointed Majed Al Hassoun as CEO and head of investment banking for Barclays Capital Saudi Arabia. The bank's move follows regulatory approval to conduct investment banking and global markets operations in the kingdom.

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