Saudi Gazette report
RIYADH — Minister of Funding Khalid Al-Falih stated that the variety of regional headquarters for worldwide corporations in Saudi Arabia has to date reached 660, exceeding the goal of 500 by 2030. “The variety of regional headquarters is predicted to surpass 1,000 mark inside just a few years,” he stated whereas noting that there are common 10 to 12 new worldwide corporations 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 corporations in Saudi Arabia has reached greater than 52,000 registered corporations, in comparison with solely 5,000 corporations registered firstly of the launch of the Saudi Imaginative and prescient 2030. These corporations are anticipated to speculate 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 will probably be considerably higher than final yr. “The worldwide financial slowdown and uncertainty are affecting the stream of overseas funding all over the world, however regardless of this, the Kingdom continues to draw overseas direct funding at a speedy tempo,” he added.