Barclays’ re-entry into Saudia Arabia highlights the kingdom’s strategy to become the new global hub for regional headquarters

Barclays is back in Saudi Arabia after a decade-long absence, signaling Riyadh's rise as a major business hub. Lured by Vision 2030's incentives, Barclays joins other financial giants in setting up shop, with over 675 companies already establishing regional headquarters in Riyadh. This aggressive push, fueled by trillion-dollar projects and tax breaks, is transforming the Saudi capital into a global center for innovation, manufacturing, and regional expansion, drawing major players from Dubai and beyond.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.