Edmond de Rothschild’s Strategic Expansion into Saudi Arabia

The Edmond de Rothschild Group, a distinguished entity in asset management and private banking, is poised to establish a new office in Saudi Arabia within the year. This move signifies a strategic expansion for the Swiss bank, aligning with Saudi Arabia’s Vision 2030 to diversify its economy beyond oil. The Riyadh office will serve as a hub for the bank’s operations, offering a suite of services to its clientele.

The establishment of Edmond de Rothschild’s office in Riyadh is a direct response to Saudi Arabia’s ambitious Vision 2030 plan. The bank’s presence in the kingdom is expected to contribute to the diversification of the Saudi economy, providing expertise in asset management and private banking to local and regional clients.

The new office will also launch a platform dedicated to debt finance for infrastructure projects, addressing a crucial need within the kingdom. This initiative is set to bolster the country’s infrastructure development, a key component of the Vision 2030 blueprint.

Collaborative Ventures and Advisory Services

In collaboration with SNB Capital, Edmond de Rothschild is set to establish a platform to fund infrastructure projects across Saudi Arabia. This joint effort underscores the bank’s commitment to fostering economic growth within the region.

Additionally, a joint venture with Watar Partners will offer infrastructure debt advisory services, catering to the needs of Saudi family offices and institutional investors. These partnerships reflect the bank’s strategy to integrate deeply into the local financial landscape and provide tailored services.

A New Chapter for Edmond de Rothschild

The opening of the Riyadh office marks a new chapter for Edmond de Rothschild, building upon its long-standing relationships within the country. The bank’s CEO, Ariane de Rothschild, has expressed that this expansion is a logical step forward, enhancing the group’s global footprint.

The move also complements the bank’s recent expansion in Dubai, demonstrating a broader strategy to strengthen its presence across the Middle East. The Riyadh office is set to become operational in the second half of the year, marking a significant milestone in the bank’s history.

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