Hong Kong Traces New Strategy on the Middle East Map

JustHodlIt · 2026-02-22T13:13:26+00:00

The Hong Kong Stock Exchange enhances its Middle East presence by appointing Jalal Almarhoon as General Manager and Chief Representative, operating from Riyadh, Saudi Arabia. This strategic move underscores the importance of regional expansion and capitalizes on the growing financial opportunities in the area.

JustHodlIt

2026-02-22 13:13:26

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Hong Kong Stock Exchange Strengthens Its Presence in the Middle East with a Strategic Decision. The institution announced the appointment of Jalal Almarhoon, a senior executive from BNP Paribas, as General Director and Chief Representative in the region. According to Ming Pao, the executive began his duties on February 10, operating from the new office based in Riyadh, Saudi Arabia, under the guidance of Xu Jingwei, responsible for Global Listing Services at the Exchange.

Jalal Almarhoon’s Appointment Strengthens the Exchange’s Presence in the Middle East

Almarhoon’s selection reflects the importance that the Hong Kong Stock Exchange places on expanding its footprint in the Middle East. With his accumulated experience in the international financial sector at BNP Paribas, the new director brings significant expertise to enhance operations in the region.

Riyadh as a Strategic Hub for Regional Expansion

The establishment of the office in Riyadh underscores the Exchange’s commitment to consolidating its position in the heart of the Middle East. Saudi Arabia emerges as a strategic center for global listing operations, reflecting the growing opportunities within the regional financial ecosystem.

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