Saudi Arabia has eased its strict 2024 rule barring foreign firms without regional headquarters from government contracts. A new framework allows structured exemptions for projects needing specialized expertise or strong financial competitiveness. This move aims to maintain policy objectives while ensuring access to critical skills and competitive bids, with an electronic portal streamlining the exemption process.
Trending
- ‘Always respected tradition’, will credit Jr Dagar Bandhu: AR Rahman
- Scrap dealer returns gold junked during cleaning
- President Murmu, PM Modi welcomes Brazilian President Lula; set for strategic talks on global cooperation
- Namo Bharat at 160 kmph, Meerut Metro at 120 kmph: High-speed infra push for commuters
- ‘Betrayal stands exposed’: Rahul says PM Modi will ‘surrender again’ after US SC invalidates Trump tariff
- ‘Pushed me off a moving train’: How Arunima Sinha became 1st woman amputee to climb Mt Everest
- Ramadan 2026: Registration opens for I’tikaf at Makkah and Madinah mosques, here’s how to apply
- Who is Neal Katyal? Indian-American lawyer at center of Trump’s biggest legal setback
Saudi clarifies regional HQ not mandatory in all government tenders under new exemption rules
By
Add A Comment