The Saudi Arabian government announced a new economic incentive for international companies that move their headquarters to the country’s capital, Riyadh, declaring that any company that relocates can receive a 30-year tax exemption package. For more stories from The Media Line go to themedialine.org The move is in line with the Kingdom’s recent attempts to attract foreign investment to diversify the dominated Saudi economy beyond oil. The de facto leader of Saudi Arabia, Crown Prince Mohammed bin Salman, has made serious efforts in recent years to turn the country into a viable alternative to the United Arab Emirates as a regional hub of finance, industry, and trade. In 2021, the Kin
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