Home » News » Deadline for Foreign Companies to Move Headquarters to Riyadh: Finance Minister Al-Jadaan’s Warning and Potential Contract Losses

Deadline for Foreign Companies to Move Headquarters to Riyadh: Finance Minister Al-Jadaan’s Warning and Potential Contract Losses

by Alexandra Hartman Editor-in-Chief

2023-10-25 22:29:34

Al-Marsad newspaper: Finance Minister Mohammed Al-Jadaan said that the Kingdom will implement the deadline set for foreign companies to move their regional headquarters to Riyadh before January, otherwise they will lose their contracts with the government.

He pointed out that he did not address the discussions regarding joining the BRICS group with any political bearing. According to “Archyde.com” 0

He added that it is an economic issue and that the Kingdom will announce whether and when it will accept the bloc’s invitation to join it.

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