logo-en
  • Home
  • Companies
  • Investors
  • Opportunities
    • Home
    • SME Loans
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Monks relocates RHQ from Dubai to Riyadh

Monks relocates RHQ from Dubai to Riyadh

NOHA.GAD
Sep 10, 2024
Monks, the global media and advertising powerhouse, relocated its Middle East headquarters from Dubai to Riyadh

Riyadh - Sharikat Mubasher: Monks, the global advertising and media powerhouse, opened a new office in Saudi Arabia to relocate its Middle East headquarters from Dubai to Riyadh, leveraging the Kingdom’s position as a leading business hub in the region.

The Riyadh office will focus on collaborating on advertising solutions with local businesses, startups, tech innovators, and educational institutions, according to the company’s statement.

Through the new office, the company aims to work specifically with Saudi Arabia’s giga projects.

Omar Abou-Ezzeddine, Monk’s Regional Managing Director for the Middle East and Africa, said: “Relocating our headquarters to the Kingdom of Saudi Arabia is a strategic decision that reflects our confidence in the kingdom’s future as a center for innovation and business in the region.”

Monks is the operating brand of Martin Sorrell’s S4 Capital, the tech-led digital advertising and marketing services company.

It is worth noting that several global giants relocated their headquarters to Saudi Arabia in conjunction with the Kingdom's Regional Headquarters (RHQ) Program which mandates foreign companies to establish a headquarters in Saudi Arabia to start or expand their businesses in the Kingdom. To streamline the process for foreign companies, the Saudi Ministry of Investment (MISA) added a 30-year tax relief incentive package to the program.

Tags

Saudi Arabia
Regional headquarters
Dubai
Media
Advertising
Saudi RHQ program
Share

Attract clients with your ad

Start Now

Trending

Aljadaan: Saudi financial market surpasses SAR 2.4 tn
MUBASHER.SA
SAMA approves Vision Bank to launch digital services
MUBASHER.SA
Google Pay launches in Saudi Arabia at Money20/20 Middle East
MUBASHER.SA
HALA raises $157mn series B round to solidify presence in Saudi market
MUBASHER.SA
Ejada pacts with Newgen to deliver digital financial solutions in Kingdom
MUBASHER.SA

Related News

Investor News
Calendar Icon
Sep 14, 2025
Dyna.Ai expands in Saudi Arabia, launches Arabic AI-powered solutions
Read More
Investor News
Calendar Icon
Sep 14, 2025
Rasmal Ventures invests in AI logistics firm NEXX at Hong Kong Summit
Read More
Investor News
Calendar Icon
Sep 11, 2025
Sarat Ventures unveils $50mn Biotech Fund targeting Saudi Market
Read More
Investor News
Calendar Icon
Sep 11, 2025
QIA joins $1bn funding round in PsiQuantum
Read More
Investor News
Calendar Icon
Sep 10, 2025
VentureSouq closes 2nd FinTech Fund backed by leading regional investors
Read More
Investor News
Calendar Icon
Sep 9, 2025
Parsons opens new office in Jeddah to solidify presence in Kingdom
Read More
Investor News
Calendar Icon
Sep 7, 2025
iSchool expands footprint in Saudi Arabia to power AI education
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • Opportunities
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher