Citi has officially opened its new regional headquarters in Riyadh. This is a significant step in its expansion across the Middle East and North Africa (Mena).
Citi has inaugurated its new regional headquarters (RHQ) at Kingdom Tower in Riyadh after receiving its RHQ license from the Saudi Ministry of Investment and the Ministry of Commerce in November 2024. Earlier this year, Citi appointed Naveed Kamal as CEO of its new Saudi legal entity This move supports Saudi Arabia’s initiative to encourage multinational companies to establish regional headquarters in the Kingdom. The new Riyadh office will oversee strategic direction and management f