Bloomberg expands Saudi presence with new Riyadh office

RIYADH: Bloomberg said on Thursday it had expanded operations in Saudi Arabia with the opening of a new office in Riyadh’s King Abdullah Financial District, nearly two decades after establishing a presence in the Kingdom. The financial data and media company has operated in Saudi Arabia since 2007, working with banks, asset managers, sovereign wealth funds and government institutions. Jean-Paul Zammitt, president of Bloomberg, said: “Saudi Arabia is one of the world’s most dynamic and fast-evolv