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| Capital Market Authority |
The organic light from the CMA letters an extra step send on in the Swiss investment bank’s aspiration of suitable single of the foremost economic services safe in the region.
Based in the wealth city of Riyadh, UBS Saudi Arabia provides a broad range of economic services to clients of legislative, corporate and human being nature.
Chairman of UBS Saudi Arabia, John Fraser, has spoken the firm’s delight by the side of the CMA’s decision, and acknowledged its intent to provide the Kingdom with top quality economic and securities organization services.
UBS has had a presence in the Middle East in place of the carry on 40 years, and is intent leading expanding its operations in the region.
The first in command of UBS Saudi Arabia, Mohamed Sammakia, added with the aim of as the Kingdom was the predominant scaling-down in the Middle East it was particularly of great consequence to resolve well near.
Saudi Arabia’s economic sector is undergoing a process of deregulation and modernisation, and has seen increased consequence from overseas economic institutions.
Earlier this month Nomura was certain the function ahead of time to commence securities operations in the terrain, and in June of this time Morgan Stanley began equities trading.