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The Independent UK
The Independent UK
Business
Anna Wise

Barclays to restart investment banking in Saudi Arabia 11 years after exit

Barclays is set to open an office in Riyadh next year (Alamy/PA) -

Barclays is planning to restart investment banking in Saudi Arabia more than a decade after pulling back from the oil-rich region.

The bank said the expansion was “central to our Middle East growth strategy”, as it follows in the footsteps of rival lenders re-entering the market.

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