News Formal

Saudi state media companies to start moving from Dubai to Riyadh

  • 📰 Reuters
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Dubai-based Saudi state-owned media companies will start moving staff this month to the capital Riyadh, sources said, as Crown Prince Mohammed bin Salman presses ahead with plans to remould the kingdom as a regional business hub.

The move follows a Saudi government decision earlier this year to stop giving state contracts to companies and commercial institutions that base their Middle East headquarters in any other country in the region.

The Saudi government took ownership of a majority stake in MBC Group when authorities acted to seize assets from those caught up in an anti-corruption investigation in 2018. , said that since its inception Riyadh was the main hub for the network operations, with regional offices, including in Dubai.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Saudi Arabia’s 2030 vision will make new cities like Dubai come to an end. It is an ambitious mission and Saudi will be always at the top.

강씨들--토종의 한국여자들 공격인듯--중국이 타넘는듯 강호동 신성일(강씨)한테 당한사람 많은듯--사람 나름인듯 중국의 튕기는 스타일--강씨 다음 배씨인듯 영국은 경계하세요

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘I Started a Running Company, But Walking Has Changed My Life’How a new mom found herself again through walks with her son.
Source: PreventionMag - 🏆 141. / 63 Read more »

Cannabis company TerrAscend moves into Michigan with $545 million all-stock Gage Growth acquisitionTerrAscend will set up shop in its fifth state in a move praised by at least one analyst. this is terrible news
Source: MarketWatch - 🏆 3. / 97 Read more »