Reported 7 months ago
Edmond de Rothschild Group, known for asset management and private banking, will establish an office in Saudi Arabia to launch a debt finance platform for infrastructure projects, in collaboration with SNB Capital. This move aligns with Saudi Arabia's Vision 2030 plan to diversify the economy and attract external investments, led by Crown Prince Mohammed Bin Salman. The Swiss bank, with expertise in infrastructure debt, will also partner with Watar Partners to offer advisory services to Saudi investors, with plans for the office opening in Riyadh in the second half of the year, following their expansion in Dubai last year.
Source: YAHOO