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Saudi Arabia draws international firms
The article discusses Saudi Arabia's efforts to attract global companies and regional headquarters as part of the Vision 2030 strategy to strengthen the economy and transform the Kingdom into a regional business hub. By the end of 2025, the number of licensed regional headquarters exceeded 700, with approximately 90% located in Riyadh, aiming to transfer high-value functions such as financial management and strategic planning. The number of foreign-invested companies rose to around 55,000 in 2025, with net foreign investment flows reaching $35.5 billion. This progress is supported by improvements in the business environment through regulatory and tax reforms, as well as the introduction of competitive incentives to attract talent and boost the local economy. The report confirms that these reforms contribute to enabling the Kingdom to compete for regional headquarters and expertise, with a focus on developing infrastructure and the labor market.
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