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Saudi Arabia says 540 companies have chosen kingdom for regional headquarters

Published October 29, 2024 Updated October 29, 2024 04:54pm
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By Reuters
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RIYADH: Saudi Arabia’s investment minister said on Tuesday the number of companies in the kingdom with a regional headquarters had reached 540, ahead of a 2030 target of 500.

“Our target was 500 regional headquarters by 2030. I’m glad to announce we have reached 540 by this morning,” Khalid al-Falih said during the Future Investment Initiative (FII) conference in Riyadh.

Global financiers head to Riyadh investment bash in shadow of war

“Some of them are the major multinational companies and they will be individually announcing their RHQ,” he added.

Saudi Arabia Future Investment Initiative

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