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State Street’s Gulf Expansion Adds Oman

Summary by Semafor
US asset management firm State Street and Saudi Arabia’s Jadwa Investment agreed to jointly expand their offerings in Oman, as Muscat looks to further develop its capital markets and attract foreign firms.State Street, which manages $5.6 trillion globally, has made the Gulf a key growth focus, opening a regional headquarters in Riyadh last year and working with the kingdom’s Public Investment Fund to launch exchange-traded funds designed to attr…

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FX News Group broke the news on Wednesday, June 3, 2026.
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