The Riyadh Mandate Revisited: What Happened to the 500 Companies That Moved
700 RHQ licences issued. Only 350 operational. Companies splitting regions to keep Dubai. A 25% enforcement exemption quietly introduced. Rents up 31%. A rent freeze ordered by the Crown Prince. The two-year follow-up on Saudi Arabia's headquarters mandate.
The Riyadh Mandate: How Saudi Arabia Forced 500 Multinationals to Move Their Headquarters
Saudi Arabia told the world's largest companies: move your regional headquarters to Riyadh or lose government contracts. Over 500 multinationals complied. The mandate is reshaping Gulf power dynamics and turning Riyadh into a global business capital.