Saudi Gazette report
RIYADH — Minister of Funding Khalid Al-Falih stated that the variety of regional headquarters for worldwide firms in Saudi Arabia has thus far reached 660, exceeding the goal of 500 by 2030. “The variety of regional headquarters is predicted to surpass 1,000 mark inside a couple of years,” he stated whereas noting that there are common 10 to 12 new worldwide firms opening their regional headquarters within the Kingdom on a month-to-month foundation,” he stated whereas talking to Al-Arabiya.internet.
Al-Falih stated that the variety of overseas firms in Saudi Arabia has reached greater than 52,000 registered firms, in comparison with solely 5,000 firms registered originally of the launch of the Saudi Imaginative and prescient 2030. These firms are anticipated to take a position SR500 billion within the nation over the approaching years, he stated.
The minister famous that figures from the primary three quarters of this yr verify that overseas funding figures in 2025 might be considerably higher than final yr. “The worldwide financial slowdown and uncertainty are affecting the movement of overseas funding world wide, however regardless of this, the Kingdom continues to draw overseas direct funding at a speedy tempo,” he added.
