Global ratings agency Moody’s has opened a regional headquarters in Riyadh. Moody’s, which is listed on the New York Stock Exchange, said in a statement that theGlobal ratings agency Moody’s has opened a regional headquarters in Riyadh. Moody’s, which is listed on the New York Stock Exchange, said in a statement that the

Moody’s opens regional HQ in Riyadh

Author: Agbi

Source: Agbi

2026/02/18 22:27

2 min read

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Global ratings agency Moody’s has opened a regional headquarters in Riyadh.

Moody’s, which is listed on the New York Stock Exchange, said in a statement that the investment aligns with Vision 2030 and underscores Saudi Arabia’s dynamism and growth.

The regional HQ, led by Mahmoud Totonji, will strengthen engagement with Saudi institutions and enable broader access to its data and insights, Moody’s said.

The agency opened its first office in the kingdom in 2018.

The other main ratings agencies, Fitch and S&P Global, are also opening regional HQs in Saudi Arabia. Fitch received approval for its licence in November 2024 while S&P Global opened its regional HQ in March 2025.

In January 2025, the former investment minister Khalid Al Falih said the number of global companies opening regional headquarters in Saudi Arabia had exceeded the Vision 2030 target.

The regional headquarters programme is part of plans to make Riyadh one of the world’s 10 largest city economies by 2030 and increase its population to 20 million, from 7 million in the 2022 census.

Companies under the scheme are exempt from corporate tax for 30 years. They also benefit from relaxed requirements for Saudisation – the programme to increase employment of Saudi nationals – and work permits for the spouses of executives.

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