Najran region in southern Saudi Arabia has experienced a significant 56% year-on-year increase in business registrations during the first half of 2024, according to a recent report from the Saudi Ministry of Commerce.
This sharp rise highlights the government’s ongoing efforts to improve the investment environment across the Kingdom, particularly as part of Vision 2030’s goals to diversify the economy and encourage entrepreneurship beyond major metropolitan areas.
Local officials hailed the growth as a sign of Najran’s emerging appeal as a commercial hub, especially in promising sectors like tourism, agriculture, and logistics.
They attributed the uptick to streamlined registration procedures, investor incentives, and robust institutional support provided to new and existing businesses.
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