Saudi Arabia will no longer sign contracts with foreign companies which do not have a regional headquarters in the kingdom after 2023. File photo: DPA
Saudi Arabia pressures foreign companies to move Middle East headquarters to kingdom
- Foreign firms without regional headquarters in Saudi Arabia will not win government contracts
- Kingdom sets 2024 deadline in bold move that could escalate business competition in the region
Saudi Arabia will no longer sign contracts with foreign companies which do not have a regional headquarters in the kingdom after 2023. File photo: DPA
