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Moody's Establishes Regional Headquarters in Saudi Arabia, Deepening Presence in Region

  • Moody's Corporation established a regional headquarters in Riyadh, Saudi Arabia.
  • This move aligns with Saudi Arabia's Vision 2030 initiative & underscores the Kingdom's economic dynamism.
  • The RHQ expands Moody's presence in Saudi Arabia, where the company first opened an office in 2018.
  • The new headquarters will strengthen engagement with Saudi institutions & provide broader access to decision-grade data, analytics & insights.
  • Rob Fauber, CEO of Moody's, cited confidence in Saudi Arabia's economic momentum as a key driver for the decision.
  • Mahmoud Totonji will lead the RHQ as General Manager, leveraging his experience in establishing financial institutions across the Gulf Cooperation Council region.