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Barclays Saudi Arabia (BSA) has received its Commencement Letter from the Capital Market Authority (CMA). This now allows BSA to conduct regulated activities in the Kingdom of Saudi Arabia. Specifically, the Letter to Commence Business refers to the following activities: engage in dealing as an agent (excluding margin transactions) and underwriting, managing, arranging, advising, custody (securities custody services).

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Obtaining this licence is the culmination of years of work by the Barclays Capital and Barclays Wealth teams to realise the goal of an on-shore presence in this important country.

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Latest News

Leadership

Insights: Chris Greany

16 Aug 2018, 07:00 BST

Leadership

Leading Questions: Eric Najib

14 Aug 2018, 07:00 BST

Innovation

Barclays in the news: an ‘app store’ for banks

10 Aug 2018, 09:00 BST

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