Saudi Arabia to work only with foreign companies with HQ in Kingdom from 2024

Saudi Arabia to work only with foreign companies with HQ in Kingdom from 2024

Saudi Arabia will no longer sign contracts with foreign companies without a regional headquarters inside the Kingdom starting from 2024; state news agency SPA reported on Monday. “Saudi Arabia intends to cease contracting with companies and commercial institutions with regional headquarters not located in the Kingdom… The cessation will include agencies, institutions and funds owned...

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