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Synopsis The millions of dollars in costs, sudden policy changes and arbitrary legal rulings mean companies will need to weigh the risks of moving there with the potential rewards Crown Prince Mohammed bin Salman’s economic overhaul promises. Agencies Saudi officials realize the scale of the challenge, and are rolling out changes like a planned overhaul of the judicial system. Rumors are even circulating that a long-standing alcohol ban may be relaxed. Saudi Arabia’s ultimatum for global companies to move their regional hubs to Riyadh by 2024 or lose business is the kind of decision making that has made some wary of investing there. ....
Move in or lose out: Saudi Arabia's ultimatum unsettles foreign companies livemint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livemint.com Daily Mail and Mail on Sunday newspapers.
Move in or lose out: Saudi Arabia's ultimatum unsettles foreign firms business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Move in or lose out: Saudi Arabia's ultimatum unsettles firms indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.