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April 3, 2023

Investment Opportunities & Requirements for Doing Businesses in Saudi Arabia

Saudi Arabia is predicted to be one of the world’s fastest-growing economies during this decade, according to the World Economic Outlook of October 2022 released by the International Monetary Fund.1   Saudi Arabia has committed to encouraging business investment in the Kingdom and welcomes foreign investors to engage in the Saudi market and be a part of its economic expansion. The Regional Head Quarters (RHQ) program launched in 2022, inviting companies to relocate their RHQ to Saudi Arabia. This program also announced that governmental agencies and public entities would not contract with any company not having its RHQ in The Kingdom. In a recent statement earlier this month to the British Financial Times, the Saudi Minister of Investment, Khalid Al-Falih,

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