24 global companies to set up regional offices in Riyadh

      Published on Tuesday, 9 February , 2021      500 Views     
24 global companies to set up regional offices in Riyadh

  • Business

A total of 24 international companies including PepsiCo, Tim Hortons, Bechtel, Bosch, and Boston Scientific have signed agreements with the Saudi authorities to set up their regional offices in Riyadh.




The efforts to attract regional offices of international companies come in line with the Riyadh strategy, which aims to elevate the Saudi capital to the ten largest city economies in the world by 2030.



It is expected that the establishment of regional headquarters by global multinational groups in Riyadh will contribute around SR70 billion to the national economy by 2030 through salaries, operating and capital expenditures of these companies, resulting in a growth in the local content across many important sectors.

Keywords:
Category Business | 2021/02/09 latest update at 9:00 AM
Source : Gulf Insider | Photocredit : Google
501 Views
Comments Add comment



Gulf Media

Related Articles

The editorial staff of Saudi Arabia Today would like to give all of its readers from Gulf and Saudi Arabia and the whole world the opportunity to participate actively in the development of the website! If you have something interesting, fun, scandalous - just something worth to be seen from more people. Capture it and share it in the Saudi Arabia Today with a short text.

Do you have information you want to reach our readers?

Send article/s

You can subscribe to our Facebook, Twitter and Google pages or use our RSS feed channel to always read the most important news about Saudi Arabia, the Gulf and the world.


Sponsored Publications