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Vision 2030 Goal Surpassed: 540+ Firms Gain RHQ License in Saudi
Within a short span of time, over 540 global businesses have relocated their corporate headquarters to the Kingdom, surpassing the original Vision 2030 target of attracting 500 companies, 6 years ahead of the schedule. As one of the fastest-growing economies in the world, Saudi Arabia has become a promised land for businesses with international growth aspirations. Saudi Arabia RHQ Relocation is Driven by High Growth Prospects There are some elements that explain the surging number of companies with HQs in […]
Setting Up Regional Headquarters in Saudi Arabia: Deadline to Leverage RHQ Benefits Comes Closer
Saudi seems to be even more adamant about international companies gaining their Regional Headquarters license as the deadline comes closer. On two separate occasions, this week Saudi reiterated their commitment to international firms to locating their regional headquarters in the Kingdom. Saudi Minister of Finance Mohammed Al-Jadaan spoke to Reuters saying, “The deadline is not new, and yes it will be implemented”. Later on, another interview by CNBC was released with Faisal Al-Ibrahim, Saudi Minister of Economy and Planning reminding […]