mideast hub

Riyadh grows as regional center for international business firms

Saudi government established policy requiring foreign companies to establish a central branch in the kingdom to qualify for state contracts

FAYEZ NURELDINE/AFP via Getty Images

Riyadh's King Abdullah Financial Center

Wall Street investment firms, corporate law firms and business conglomerates are lining up for scarce premium office space in Riyadh.

Responding to Saudi Arabia’s ongoing campaign to attract international business, the government reported that 616 international companies established their regional...