FII9: Standard Chartered ‘very optimistic’ about Saudi Arabia amid investment boom — CEO

RIYADH: London-based Standard Chartered bank is ramping up operations in Saudi Arabia as it seeks to capture opportunities from the Kingdom’s rapid economic transformation, according to Group CEO Bill Winters. Speaking to Asharq Bloomberg on the sidelines of the Future Investment Initiative in Riyadh, Winters said the lender believes Saudi Arabia is going through a “fundamental investment boom” amid rapid economic change.

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