This growth in women-owned businesses comes amid a broader expansion of commercial activity in Saudi Arabia
Saudi businesses
Latest in Saudi businesses
Abu Dhabi
UAE Eid Al Adha expected dates; Dubai real estate top areas; New Saudi commercial law; Trump plans Gulf visit – 10 things you missed this week
Eid Al Adha in the UAE, Dubai real estate analysis, Donald Trump’s plans to visit the Gulf and more top news stories this week
Saudi businesses
Saudi Arabia announces major new commercial laws
Saudi Arabia will introduce commercial and trade name laws this week
AI adoption
Saudi enterprises advance AI readiness as 75% move core functions to cloud: SAP study
Saudi enterprises demonstrate high preparedness for Business AI adoption across multiple sectors, new SAP-commissioned YouGov survey reveals
Salesforce
Salesforce expands presence in Saudi Arabia with new regional headquarters in Riyadh
Salesforce has partnered with IBM to open a Center of Excellence in Riyadh
Almarai
S&P Global believes rated companies will absorb Saudi diesel price hike
Company maintains ratings for SABIC, Almarai and SEC, saying the price rise will only lead to a marginal increase in production costs for them
GaStat
Saudi business sector operating revenues hit $1.4tn
Saudi Arabia’s business sector recorded $145.1bn in employee compensation in 2023
franchise business
Saudi Arabia sees massive 866% increase in franchising amid restaurant and tourism boom
Saudi Arabia has seen a massive increase in the number of franchised businesses in the past five years
ACRES Real Estate Exhibition
Millionaires flock to UAE; Sharjah slashes real estate fees; Free zone offers fast-track visas; Neymar invests in Dubai property; Black Friday bargains – 10 things you missed this week
Millionaires in the UAE, real estate promotion in Sharjah, fast-track visas at new free zone, Dubai property updates and more of the top news stories this week
Federation of Saudi Chambers
Major changes to Saudi commerce laws to boost $453bn private sector
Saudi Arabia is attracting investment as changes to commercial laws allow entrepreneurs to expand across the Kingdom with ease
Saudi Arabia
Saudi Arabia bans commercial use of national, religious symbols in new decision
The move is aimed at preventing the abuse or misuse of these symbols and logos
Saudi businesses
Saudi entrepreneurs: 42% of adults plan to launch a business despite a fear of failure
Saudi Arabia’s entrepreneurial drive is at an eight-year high according toa new report
Saudi Arabia
Saudi Arabia’s PMI hits six-month high as non-oil growth accelerates in October
The pick-up was largely due to an increase in sales
Real Estate
Saudi Arabia sees over 120 foreign businesses relocate to Riyadh in Q1 2024
This influx of foreign firms has led to a scarcity of prime office space, with Grade A occupancy rates soaring to 98%, new report suggests
economic diversification
Riyadh among top 15 fastest-growing cities: Report
The report, part of Savills’ global thought leadership programme Impacts, highlights Riyadh as the only non-Asian city in the top 15 list
Saudi businesses
Saudi business sector thriving as hospitality, transport and arts boom in 2023
Saudi Arabia has seen significant increases in variety of business sectors last year
business licenses
GCC firms eye Saudi Arabia amid $3tn foreign investment push; business licences explained
Saudi Arabia is increasingly welcoming firms from across the GCC as it looks to hit hugely ambitious economic growth targets