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Barclays to re-enter Saudi Arabia after exiting 11 years ago, Bloomberg says

After exiting the market 11 years ago, Barclays (BCS) is re-entering Saudi Arabia, Nicolas Parasie, William Shaw, and Joumanna Bercetche of Reuters reports. The company is in the process of securing a license to conduct banking activities in the country and plans to open an office in Riyadh next year.

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