Amazon, Microsoft Boosting Saudi Offices Amid State Pressure
- Global firms had Jan. 1 deadline to shift regional HQs
- Saudi Arabia wants multinationals to have local offices
Riyadh viewed from the Kingdom Center.
Photographer: Jeremy Suyker/BloombergThis article is for subscribers only.
Global technology giants including Amazon.com Inc., Alphabet Inc.’s Google and Microsoft Corp. are among firms working to ramp up their presence in Saudi Arabia amid pressure from the government, which has said it will stop giving contracts to companies without regional headquarters in the country.
The three US firms have all received licenses to establish regional HQs in Riyadh, a government database shows. Those approvals came just ahead of the Jan. 1 deadline set by the Saudi government.