PwC unveils its new regional headquarters in Saudi capital

Professional services firm PwC unveiled its sleek new regional headquarters in Riyadh this week as it vowed a “strengthened commitment” to the kingdom.

The Big Four firm has been scrambling to repair its relationship with Saudi Arabia’s Public Investment Fund since February, when the sovereign wealth fund banned it from any new advisory work for one year.

While no official reason was given, PwC reportedly ruffled feathers when it attempted to recruit one of the fund’s senior executives working on the $500 billion Neom megaproject, where it was hired as a consultant.

The suspension does not apply to the firm’s audit services. The new regional headquarters in Laysen Valley includes an experience center, forensics lab, PwC Academy, Majlis and wellness spaces.