E.A. Juffali & Brothers says it is not leaving Saudi Arabia

E.A. Juffali & Brothers has denied reports that it plans to move its offices or operating businesses out of Saudi Arabia. The group said its headquarters, investments, and day-to-day operations remain in the Kingdom, and that it has no plan to change that. The confusion followed reporting that Hasma Capital Advisors, a separate firm managing money for some Juffali family members, was moving staff from London to Dubai. Juffali said neither the group nor its chairman was connected to that firm, and that comments attributed to the chairman were not his, drawing a line between a family-linked investment office and the long-established Saudi operating group.