Moody's Corporation established a regional headquarters in Riyadh, Saudi Arabia. The move expands the company's Middle Eastern operations. Moody's first opened a local office in 2018.
The expansion supports Saudi Arabia's Vision 2030 initiative. This program drives economic diversification. The initiative also develops local financial markets.
The headquarters increases local institutional engagement. The office provides access to Moody's data, analytics, and insights. CEO Rob Fauber cited confidence in Saudi Arabia's economic momentum. The move reflects Moody's commitment to the region.