PwC Opens New Saudi Office, Focuses on Local Talent and Innovation
PwC Middle East has shown its long-term commitment to Saudi Arabia by opening a large new headquarters in Riyadh and investing in local talent, innovation, and community programs. The 22,400-square-meter office is located in Laysen Valley.
A new headquarters with advanced facilities
The new Saudi headquarters includes what PwC calls the Middle East’s largest Experience Centre, along with a forensics lab, PwC Academy, majlis, and wellness-focused spaces. Branded with the phrase ElDar Darak (“our home is yours”), the space is built for clients, government, and partners to work together, test ideas, and create new solutions.
Focus on Saudi talent
During its annual partners’ meeting in Riyadh, which brought together more than 500 leaders from its global network, PwC said developing Saudi talent is at the heart of its strategy. Today, the firm has 2,600 employees in the kingdom, 56% of whom are Saudi nationals. In the past three years, over 2,400 Saudis joined PwC training programs, and 80% of Saudi women at PwC are on leadership development tracks.
Programs like Hemam 2.0, which helps young people build skills, and Foundation for the Future, which prepares graduates for leadership roles, show PwC’s commitment to the next generation.
Plans for digital and innovation growth
PwC said it will continue expanding its digital services and innovation projects in Saudi Arabia. The firm aims to support national priorities, promote cross-sector collaboration, and deliver sustainable growth. It has already supported more than 50 organizations and delivered 100+ initiatives, including helping a government body become a non-profit, building risk systems for social institutions, and mentoring young leaders.
Challenges with PIF
In March, reports said PwC was trying to repair its relationship with Saudi Arabia’s Public Investment Fund (PIF), which barred the firm from advisory and consulting work until February 2026. The suspension does not affect PwC’s audit services but prevents it from offering non-audit services like M&A, tax, and strategy advice. PwC called the issue a “client matter,” not a regulatory problem.
Despite this, PwC’s Middle East business grew strongly, earning $2.5 billion in the 12 months up to June 2024—an increase of 26% year-on-year. Saudi Arabia remains a key market.
The bigger picture
Saudi Arabia relies on global consultants for its Vision 2030 projects but is also cutting costs due to lower oil prices, which puts pressure on spending for mega projects. PwC’s new headquarters and talent investments show it is betting on long-term growth in the kingdom, despite current challenges.
Published: 11th September 2025
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