Goldman Sachs Group Inc. is expanding across the Middle East as growing foreign interest and positive economic factors prompt a boom in dealmaking and a flow of funds into the region.
The Wall Street firm sees private wealth as a “big area of opportunity” and is hiring wealth managers in the United Arab Emirates and Saudi Arabia, Zaid Khaldi, co-head of Goldman Sachs in the Middle East and North Africa, said in an interview. The bank is also recruiting for investment banking, sales and trading, as well as for Islamic finance, where it’s seeing rapid growth, Khaldi said, ...
