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Moody’s Corporation MCO has set up a regional headquarters in Riyadh, Saudi Arabia, reinforcing its long-term commitment to expanding its presence in the Middle East. The move is strategically aligned with Saudi Arabia’s rapid development of its capital markets under Vision 2030, led by Crown Prince Mohammed bin Salman.
As part of this expansion, Moody’s has appointed Mahmoud Totonji as general manager to oversee and lead the regional headquarters in Riyadh.
Rob Fauber, President and CEO of Moody’s, said, “Our decision to establish…