> Multinationals face pressure to relocate headquarters to Saudi Arabia The post title appears to be a little misleading. It's based on the article subhead, b

> Multinationals face pressure to relocate headquarters to Saudi Arabia The post title appears to be a little misleading. It's based on the article subhead, but later in the article it clarifies that the demand is the multinationals relocate regional headquarters from places like Dubai to Saudi Arabia: > But now some are worried that their lives, and those of their families, could be upended after Crown Prince Mohammed bin Salman delivered an ultimatum to multinationals: move your regional headquarters to the kingdom or forget about securing prized government contracts.... > But many executives view it as an attempt to strong-arm global companies to bend to Prince Mohammed’s will and are struggling to work out exactly what it would mean for those that have traditionally preferred to locate their regional headquarters in Dubai, Abu Dhabi or Manama.... > Some executives suggest that companies may simply label an office in Riyadh a “headquarters” but Khalid al-Falih, investment minister, told Arab News, a Saudi paper, that “a superficial nameplate saying ‘this is the regional headquarters’ will not fly”. > Falih said state contracts would be awarded only to those companies that “have their entire integrated operations here in the kingdom, from the decision making to the strategic development, to manage the execution of those government contracts”.