PwC Middle East opens its regional headquarters in Riyadh

• Officially, PwC Middle East obtains its regional headquarters license from the Ministry of Investment in Riyadh, Kingdom of Saudi Arabia
• The new regional headquarters is part of PwC’s broad commitment to creating 6,000 jobs, PwC’s continued investment in digital technologies, and the application of environmental, social and corporate governance standards
• Establishing a regional office in Riyadh and a center for experiences – the regional technology and innovation center for PwC Middle East, which will open in 2024
• The Regional Headquarters Program is a joint initiative between the Ministry of Investment and the Royal Commission for the City of Riyadh to invite international companies to move their regional headquarters to the Kingdom of Saudi Arabia by January 1, 2024 or earlier, and PwC Middle East has previously obtained its license

PwC Middle East has obtained a license for its regional headquarters from the Ministry of Investment and the Ministry of Commerce in the Kingdom of Saudi Arabia, which reinforces its commitment to contributing to achieving the goals of the Kingdom’s Vision 2030, driving transformation programs and supporting the development of national talent.

His Excellency the Saudi Minister of Investment, Eng. Khalid bin Abdulaziz Al-Falih, and His Excellency Dr. Hazem Al-Zaqzouq, Advisor to the Royal Court, attended the opening ceremony of the regional headquarters, which was held at Al-Faisaliah Hotel in Riyadh on May 31, 2023, in addition to a number of distinguished guests. ‏

PwC is one of the largest professional services companies in the Middle East, which works continuously to support the government, national vision realization programs, ministries, royal commissions, major projects, and the public system in the Kingdom in the framework of setting strategies and advancing transformation And creating solutions based on leading human talent supported by technologies in order to build trust and achieve sustainable results.

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His Excellency the Saudi Minister of Investment, Engineer Khalid bin Abdulaziz Al-Falih, said: “We welcome the opening of the headquarters of international companies in the Kingdom of Saudi Arabia, and we are pleased today to open the new regional headquarters of PwC in Riyadh, as this headquarters will contribute to building the system of regional headquarters in the Kingdom.” The establishment of international standards for how the regional headquarters of the professional and consulting services sector companies operate. This joining is an extension of a long-term, reliable and mutually beneficial relationship.”

We also appreciate the fruitful efforts made by companies to recruit national competencies, and it was indicated in this regard that PwC employs more than 1,000 Saudi citizens in various specializations within its workforce.”

Hany Ashkar, Managing Partner, PwC Middle East, said: “We are delighted to be awarded the license for our regional headquarters and honored to continue supporting the Kingdom’s extraordinary transformation, as we accelerate towards 2030 and beyond. At PwC Middle East, We are committed to supporting the next phase of Saudi Arabia’s transformational agenda as we continue to support digitization, decarbonization, localization, privatization, and modernization.”

In this regard, Riad Al-Najjar, Chairman of the Board of Directors of PwC Middle East and Managing Director of PwC Saudi Arabia, said: “We are proud of our journey in the Kingdom of Saudi Arabia that extends for more than 40 years, during which we built trust and achieved sustainable results. We are committed to contributing to the Kingdom’s aspirations and efforts to enhance and diversify the economy in a way that provides opportunities for people and paves the way for a promising future.”

PwC Middle East has more than 2,000 employees in the Kingdom of Saudi Arabia, more than half of whom are nationals and more than 400 of whom are Saudi nationals. Thus, PwC contributes significantly to talent development in the Kingdom and is committed to expanding its employee base over the next three years in the region. This year, more than 200 Saudi graduates have joined PwC, more than half of whom are Saudi nationals. PwC is also investing in Emiratisation efforts as part of the “Himmam 2.0 programme”, which aims to develop and retain the best national talent, and enable their professional growth. ‏

In 2024, PwC will also open its main headquarters in the King Abdullah Financial District, which will include the Riyadh Experience Center. The center will be a beacon of innovation and creativity, and will provide a platform to generate ideas with customers and showcase innovative products, services and disruptive technologies with the aim of solving the most pressing problems facing the region. ‏

The Riyadh headquarters will be at the heart of the Kingdom’s transformation, and will add to PwC’s base of presence across the Kingdom, which will now have six offices including those in Jeddah, Khobar, Al-Ula and Dhahran. ‏