State Street in Saudi Arabia
Get the guidance to help you achieve your business objectives — in any market environment.
A strategically important country for State Street, our office in Saudi Arabia is helping us to fulfill our ambitious growth plans for the region. As strong supporters of His Royal Highness Prince Mohammed bin Salman’s Vision 2030 strategy, with one of its pillars being that the Kingdom becomes a global investment powerhouse, we aim to help organizations navigate an increasingly complex global financial arena.
State Street Saudi Arabia Financial Solutions Company (‘SSSAFS’ and the ‘Company’) is a single shareholder closed joint stock company established under the Regulations for Companies in the Kingdom of Saudi Arabia.
The Company operates under Commercial Registration number 1010637423, issued in Riyadh on Shwal 16, 1441H (corresponding to June 6, 2020), Ministry of Investment of Saudi Arabia license number 10211410592878 dated Jumad Al-Alwal 10, 1442H (corresponding to December 25, 2020) and the Capital Market Authority license no. 19208-35 dated Dhul-Qadah 16, 1441H (corresponding to July 7, 2020).
The Company is a direct and wholly owned subsidiary of State Street Corporation, and currently has paid up share capital of SAR 108,750,000. SSSAFS does not have any subsidiaries and does not own or control any other company. SSSAFS is located on the 18th floor of the Al Faisaliah Tower in Riyadh. Our clients include financial institutions, official institutions, large corporates and sophisticated family offices.
Our Current Activities
SSSAFS is licensed to conduct the following activity:
Global Reach, Local Conversations
Our clients are all over the world, which means we need to be too. With us as a partner, you can benefit from the local knowledge of our teams on the ground, as well as the reach and scale of a global business.