Japan’s Mizuho Financial to open regional HQ in Riyadh

28/06/2024 Argaam
Logo ofMizuho Financial Group

Logo of Mizuho Financial Group

Tokyo-based Mizuho Financial Group was licensed by Saudi Arabia’s Ministry of Investment to set up its regional headquarters (HQ) in Riyadh, Bloomberg reported.

 

Last May, Bloomberg also revealed that Goldman Sachs Group obtained the same license to open its regional HQ in the Saudi capital, Argaam earlier reported.

 

Khalid Al-Falih, Minister of Investment in February said that as many as 350 international companies were granted licenses to open their regional headquarters in Saudi Arabia.

 

Earlier Saudi Arabia said it will no longer give contracts to any foreign company or commercial agency that has its regional headquarters (HQ) outside the Kingdom from today, Jan. 1, 2024.

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