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Remote work extended at King Abdullah Financial District, Annmarie Hordern notes

Remote work extended at King Abdullah Financial District, Annmarie Hordern notes
KAFD extends remote work arrangements

Annmarie Hordern reports that tenants in King Abdullah Financial District have been informed their remote work arrangement will be extended until further notice.

KAFD hosts the Saudi sovereign wealth fund, the stock exchange, and various multinational firms, including Wall Street companies such as Goldman Sachs.

Annmarie Hordern has previously reported that Governor Waller expects additional rate hikes if needed to bring inflation back to 2 percent, though he said the timing remains flexible (read more). She has also noted that years of low yields following the 2008 financial crisis have shaped how market participants approach risk (details here). These topics continue to influence financial sector developments in regions like Saudi Arabia.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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