Saudi Arabia Surpasses 2030 Regional HQ Target Ahead of Schedule

Saudi Arabia's investment minister announced that the kingdom has exceeded its 2030 goal by reaching 540 regional headquarters for companies, surpassing its target of 500. This achievement was announced by Khalid al-Falih during the Future Investment Initiative conference in Riyadh.

Saudi Arabia has outpaced its regional headquarters target, achieving a milestone of 540 companies establishing their presence in the kingdom. Initially aiming for 500 by 2030, the target has been surpassed ahead of schedule.

Investment Minister Khalid al-Falih made the announcement at Riyadh's Future Investment Initiative conference, acknowledging the success.

He highlighted the involvement of major multinational companies, which are set to announce their new regional headquarters individually, further boosting the kingdom's economic landscape.

(With inputs from agencies.)