RIYADH: Professional services firm PwC has unveiled its new 22,400 sq. meters regional headquarters in Laysen Valley, Riyadh, as the Kingdom’s capital city continues to position itself as a thriving business destination.
The company, in its annual partners’ meeting in Riyadh on Sept.10, also reaffirmed its commitment to Saudi Arabia and said that it is dedicated to working with the Kingdom in various spheres, which include investment in people, innovation, and infrastructure, according to a press statement.
Saudi Arabia’s regional headquarters program has been attracting international firms over the past few years, with 600 international companies, including Northern Trust, IHG Hotels & Resorts, and Deloitte, already establishing their bases in the Kingdom, the Saudi Press Agency reported in March.
The regional HQ program offers a 30-year corporate tax exemption, withholding tax relief, and regulatory support, reflecting efforts to position the Kingdom as a regional business hub and attract multinational corporations to the capital.
“Our regional headquarters in Riyadh is more than just a building; it is an investment in the future. It has been designed to empower our people, enable our clients, and support the Kingdom’s Vision 2030,” said Riyadh Al-Najjar, PwC Middle East chairman of the board and Saudi country senior partner.
He added: “This milestone marks a new chapter for PwC in Saudi Arabia, reflecting both the scale of our growth and our sustained commitment to playing a long-term role in the Kingdom’s transformation journey.”
The regional headquarters also showcases the Middle East’s largest Experience Center, and is marketed under the phrase, ElDar Darak — meaning “our home is yours.”
“The center is positioned as a true community space for innovation and ideation; where clients, government, and partners can co-create solutions, test prototypes, and design transformative experiences,” said PwC.
The professional services firm further said that the regional headquarters also houses a forensics lab, PwC Academy, Majlis, and wellness-first spaces, establishing it as Riyadh’s most advanced professional services hub.
According to the press statement, PwC has over 2,600 professionals in its workforce in the Kingdom, out of which 56 percent are Saudi nationals, underscoring its commitment toward Saudization.
The company added that more than 2,400 Saudi nationals have joined through PwC’s training programs over the past three years, with 80 percent of female nationals already on leadership development pathways.
The press statement further said that initiatives like Hemam 2.0, which accelerates youth skills development, and Foundation for the Future, which equips graduates for leadership roles, underscore the firm’s long-term investment in the people of Saudi Arabia.
“Saudi Arabia is home to one of PwC’s largest alumni networks in the region; with many nationals now leading across government, business and cultural institutions. The Kingdom has always been at the heart of our business, and we will continue to create lasting impact for our clients and communities,” said Hani Ashkar, PwC Middle East senior partner.
He added: “Our commitment goes beyond providing services, it is about developing talent, investing in infrastructure and supporting the Kingdom’s transformation in ways that deliver lasting value.”
