ASX-listed Servcorp adds three Riyadh sites after USD 80 mn wager
Servcorp’s regional CEO says the headquarters program brought a “very big portion” of the firm’s 5k Saudi clients
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Servcorp’s regional CEO says the headquarters program brought a “very big portion” of the firm’s 5k Saudi clients
Folk isn’t looking to capitalize on the disruption through aggressive expansion
Firms that built contingency plans are still recruiting, and those that didn’t are freezing headcount and running down inventory
The company plans to grow out its Saudi team to 20, then 50 people
The new strategy includes 13 initiatives aimed at generating more than half a mn jobs
Pricing discipline will stay difficult without further consolidation, which will be critical for sector income to become more sustainable
Saudi Arabia’s ins. sector is showing signs of recovery, with stronger earnings
KSA and Japan view each other as strategic partners in innovation, manufacturing, entertainment, and human capital development
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