State Street and Albilad Capital Sign Strategic Agreement for Securities Services in Saudi Arabia

State Street and Albilad Capital have signed a strategic agreement to strengthen the Saudi financial and capital markets. State Street will support Albilad Capital's securities services offering, combining its industry-leading solutions with Albilad's local market expertise. The collaboration aims to enhance market competitiveness and meet the growing demand for sophisticated investment solutions. State Street has served clients in the Kingdom for over 25 years and manages $127 billion in assets under custody and/or administration and $60 billion in assets under management.