Over 550 firms set up regional headquarters in Saudi Arabia
Government introduced a policy this year requiring foreign firms to set up regional hubs as a prerequisite to winning contracts with the kingdom

Saudi Investment Minister Khalid Al-Falih (Getty Images)
Saudi Arabia’s drive to establish itself as a Middle East hub for international business while shifting its economy from dependence on oil is making progress, according to Investment Minister Khalid Al-Falih.Speaking at the World Investment Conference in Riyadh on Monday, Al-Falih...