Saudi Arabia desperate to bring in headquarters of big businesses from being currently located in Dubai to new cities in Saudi.
quote --
Incentives on offer include a 50-year tax holiday, waiving quotas on the employment of Saudis — which has proved to be a burden for companies — and guarantees of protection against future regulations, said three consultants.
.
https://www.ft.com/content/b968a082-486b-4eb0-b268-e1f2377891d9
Note that it's about bring in the headquarters, not the operation units.