Hundreds of companies consider Saudi Arabia

Hundreds of companies consider Saudi Arabia

A survey of 660 companies described as high-growth and from more than 50 countries around the world found more than two thirds were considering expanding into Saudi Arabia. Of the 450 across 37 sectors looking to move into the kingdom, half of them plan on doing so within the next six months. Ease of doing […]A survey of 660 companies described as high-growth and from more than 50 countries around the world found more than two thirds were considering expanding into Saudi Arabia.

Of the 450 across 37 sectors looking to move into the kingdom, half of them plan on doing so within the next six months.

Ease of doing business in Saudi Arabia has dramatically improved since 2018, according to the survey, which was conducted by AstroLabs, a company that advises businesses on entering Saudi Arabia and the United Arab Emirates.

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“As we stand at the midpoint of Saudi Vision 2030, the kingdom has become a pivotal hub for global and regional companies,” the 2023 Saudi Market Entry Report concluded.

“Amid rapid infrastructural advancements, the demand for cutting-edge technologies