Publisher: Maaal International Media Company
License: 465734
In light of the economic and investment cooperation between the Kingdom and the United States, five major American companies have chosen the Kingdom as their regional headquarters. This step confirms the mutual trust between the two countries and reflects the attractiveness of the Saudi investment environment.
Among these companies is Microsoft, founded in 1975 and one of the world’s technology giants, with a market value of approximately $3.2 trillion.
Amazon, founded in 1994, is the world’s largest online retailer in terms of total sales and one of the five largest American technology companies with a market value of approximately $2 trillion.
Since launching its operations in Saudi Arabia, Amazon has increased its investments in the Kingdom and expanded its activities across various business sectors.
Google, founded in 1998 and operating in various fields, including online advertising, search engines, cloud computing, artificial intelligence, and software, has also joined the list of these companies. With a market value of $1.8 trillion, it has also joined the list of these companies. It has obtained a license to establish a regional headquarters in Riyadh as part of its plans to strengthen its presence in the region.
The list includes BlackRock, an American multinational investment firm founded in 1988, initially as an enterprise risk management and fixed-income asset management company. It is the largest asset management company in the world. BlackRock established BlackRock Saudi Arabia several years ago, which is licensed by the Capital Market Authority.
The list also includes Oracle, a US-based information technology company that offers a wide range of business-oriented products and services. Oracle is a relational database management system. Founded in 1977 in California, Oracle is among the largest software and hardware companies in the world.
Data from the Ministry of Investment shows an increasing number of international companies attracted to Saudi Arabia to establish regional headquarters. By the end of 2024, the number had reached more than 571, while the Kingdom had targeted 500 companies by 2030. Consequently, the number has multiplied sixfold in the past three years, a 600% jump. This comes at a time when ambitions and new horizons are growing for greater strides following the Kingdom’s winning bid to host the 2034 FIFA World Cup and Expo 2030.