2023-10-02 18:44:03
The Ministry of Finance has informed that the process of shifting the regional offices of international companies to Sou is nearing completion. The ministry revealed that more than 150 companies have already obtained licenses to relocate their offices to Saudi Arabia.
According to the economic review report released by the Ministry of Finance, the government projects are aimed at attracting foreign investors by improving the investment environment in the country. The process of moving the regional headquarters of multinational companies to Saudi Arabia is progressing rapidly.
As of the third quarter of the current financial year, 162 companies have obtained licenses to open office headquarters in the country. The Saudi Ministry of Finance also stated that the applications of more companies are under consideration. Regional headquarters in Saudi Arabia was mandatory for multinational companies to participate in government semi-government projects.
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