, officials tried to entice businesses with a 50-year corporate tax holiday and waivers for employment quotas.
The February ultimatum took a different spin."Everyone is freaking out. We are used to governments offering carrots, but this time a big stick has come out of the bag," said one regional manager of a multinational company toDespite the backlash, Fahd al-Rasheed, president of the Royal Commission for Riyadh City,"We are simply saying — you need to have your regional headquarters here because this is not simply a contract economy that you come in and come out.
Johnson & Johnson Medical Devices Companies launches joint venture in KSA Riyadh-headquartered company November 2017
Unbelievable what's the plan with these oil rich nations....🤔😎
If that’s true, international companies could refuse the deal, it’s free market
good
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