15:15 - 8.07.2026

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July 8, Fineko/abc.az. Deutsche Bank has received a license to establish a regional headquarters in Riyadh, which will give access to government contracts in Saudi Arabia.

The new office will manage Bank's operations in the Middle East. Deutsche Bank has joined JPMorgan, Goldman Sachs and Morgan Stanley, who have already received such licenses.

The initiative is part of program Vision 2030, which aims to transform Riyadh into a financial hub and reduce its dependence on oil.