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Project HQ -- The bombshell was dropped in mid-February by Saudi Arabia's Finance Minister who said foreign companies willing to take part in his government investment opportunities need to move their headquarters to the kingdom by 2024. The decision is part of the Saudi kingdom's bid to diversify its oil-based economy.
he ruling has reportedly the aim of attracting foreign investment and helping to create jobs for millions of young Saudis. But what began as a pitch to global head offices has now seemingly become an ultimatum: either relocate your headquarters to Saudi Arabia, or you will miss lucrative government contracts.
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