The business sector in Saudi Arabia has achieved a major milestone, surpassing 1.7 million commercial registrations, reflecting the Kingdom’s robust investment climate and growing entrepreneurial confidence among both local and international investors.
According to the Ministry of Commerce, this surge underscores the vibrancy of the national economy and the expansion of commercial, industrial, and service activities across the Kingdom, driven by streamlined digital services and improved ease of doing business.
The report highlighted that e-commerce and technology services are among the fastest-growing fields, while sectors such as real estate, tourism, and logistics have also seen significant expansion, supported by mega-projects and strategic investments across the Kingdom.
The ministry emphasized that the growth is a direct outcome of its efforts to enhance the business environment, particularly through comprehensive digital transformation and the launch of integrated online platforms that simplify procedures, improve transparency, and strengthen investor confidence.
It also reaffirmed the Kingdom’s commitment to positioning itself as a leading global investment destination, supported by initiatives aimed at boosting private sector competitiveness and empowering entrepreneurs to expand both locally and internationally.
This milestone marks another step forward in Saudi Arabia’s journey toward economic diversification and innovation, underscoring the success of Vision 2030’s strategic reforms in building a dynamic, sustainable, and opportunity-driven economy.
