Saudi Arabia encourages foreign companies to invest in the Kingdom and establish regional offices in Riyadh.


According to Arab Net Saudi government said foreign companies, it will not be able to obtain from government contracts from 2024 unless it has an office in the Kingdom.


A group of economic and social reforms was also launched in the framework of Vision 2030 to attract investments.


In February, 24 international companies signed agreements for regional offices in Riyadh.


Reuters for communication with companies, and the following are some of the responses of these companies and details on its establishment of offices in Saudi Arabia:


Cloud

> The US construction company said it was taken from Riyadh based on its regional headquarters to cover the six member states of the Gulf Cooperation Council, Saudi Arabia, UAE, Oman, Qatar, Bahrain and Kuwait.


CNG

US technology company declared its regional office from Dubai to Riyadh but will not close Dubai's office.


Robert Bosch

Robert Bush said the German auto parts that it has signed a memorandum of understanding to discuss potential business in Saudi Arabia. A spokeswoman said the company was an office in the Kingdom and was in other parts of the region, including the UAE.


Oyo

Indian Oyu company emerging hotels said it will set up its regional headquarters in King Center Abdullah Financial, a special economic Riyadh region, noting that it would send a number of executives there .


Franklin Templeton "The investment company Franklin Templton said it would monitor the regulatory rules to assess its approach but remain committed to business in the Middle East. Appears on the company's website that has offices in the UAE and Turkey.


Deloitte

Since 1950, a spokeswoman for the company has been involved in Riyadh since 1950 and is supervised to be a strategic partner of the city to achieve its ambition under a 2030 vision.


PVC

> The company has indicated a statement from its director in Saudi Arabia Riad Al-Najjar, who said the company supports the transformation targeted by the Kingdom from the headquarters of the Regional Consultative Company in Riyadh.


Boeing

Ahmed Butcher said president of Boeing Saudi Arabia We have more than 2,200 employees in entities joint and several companies in the Kingdom. Saudi Arabia Saudi Arabia is Saudi Arabia and the majority of its employees base from ...