Apple Supplier Foxconn in Talks to build Factory in Saudi Arabia
Foxconn Technology Group is in talks with Saudi Arabia about jointly building a $9 billion facility that could make microchips, electric-vehicle components and other electronicsSaudi Arabia is reviewing Foxconn’s offer to build a dual-line semiconductor contract manufacturing facility known as
Saudi Licenses 44 Multinationals to move Regional HQ to Riyadh
It comes following a directive announced earlier this year by the Saudi authorities, which stipulated that, from 2024, companies who failed to have their regional HQ in Riyadh would not be considered for government contracts.The firms will get exemptions from work visa limits, eased regulations, and