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Saudi Arabia's 'Programme HQ': Can Riyadh rival Dubai as a business hub?


Saudi Arabia’s ‘Programme HQ’: Can Riyadh rival Dubai as a business hub?
Plans to make access to mega-project contracts conditional on companies establishing regional headquarters in the kingdom are ambitious but ambiguous
Riyadh s King Abdullah Financial District in 2018. Saudi Arabia is seeking to persuade more multinational companies to set up shop in the kingdom (AFP)
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Published date: 8 March 2021 10:40 UTC
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Last update: 1 week 6 days ago
In the pre-pandemic days of globalisation, countries competing in emerging markets were often engaged in a race to the bottom  to attract multinational companies, which typically involved offering them incentives such as tax breaks and favourable labour laws. ....

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