Insight - With stick and carrot, Saudi is winning over firms in regional race


CSG is among several foreign companies that agreed earlier this year to set up regional offices in Saudi Arabia rather than overseeing operations remotely from Dubai, the buzzing commercial hub in neighbouring United Arab Emirates. (A view shows the office of Nasdaq listed company CSG in Dubai, Untited Arab Emirates, March 28, 2021. )

WHEN CSG opted to shift its regional headquarters this year from Dubai to Riyadh, it marked an early win for Saudi Arabia and proved a surprisingly easy move for the US technology firm: the new office was up and running in just two months.

CSG is among several foreign companies that agreed earlier this year to set up regional offices in Saudi Arabia rather than overseeing operations remotely from Dubai, the buzzing commercial hub in neighbouring United Arab Emirates.

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