Saudi Arabia has been pushing foreign firms to invest in the kingdom and set up regional headquarters in Riyadh.
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The government has told foreign companies that, from 2024, they can only secure state contracts if they have local offices. It has also launched economic and social reforms under its Vision 2030 plan to attract investment.
State news agency SPA said in February that 24 international firm had signed agreements to set up regional offices in Riyadh.
