OPPORTUNITY AWAITS
Discover the benefits of doing business in Saudi Arabia
Large and growing market: Saudi Arabia is the largest economy in the Middle East, with a population of over 34 million and a GDP of more than $800 billion. The country also has a young and fast-growing population, with a median age of just 31.
Economic diversification
Saudi Arabia's Vision 2030 plan aims to reduce the country's dependence on oil and develop new industries in sectors such as tourism, healthcare, and technology. This plan presents significant opportunities for foreign investors looking to access these fast-growing sectors.
Reforms to improve the business environment
Saudi Arabia has implemented a range of reforms in recent years aimed at improving the ease of doing business in the country. These include measures to streamline bureaucracy, increase transparency, and protect intellectual property rights.
Strategic location
Saudi Arabia's location at the crossroads of Europe, Asia, and Africa makes it an attractive destination for companies looking to access these markets. The country is also home to world-class transport and logistics infrastructure, including several major ports and airports.
Investment incentives
Saudi Arabia offers a range of incentives to foreign investors, including tax breaks, subsidized land, and streamlined visa processes.
Unlocking the future
Saudi Arabia has been working towards diversifying its economy beyond oil, which has been the main source of revenue for the country. In recent years, the government has implemented a number of economic reforms aimed at attracting foreign investment, increasing the private sector’s contribution to the economy, and reducing dependence on oil.
The government has launched a number of initiatives aimed at diversifying the economy and creating jobs, such as the Vision 2030 plan. This plan includes measures to develop the tourism, entertainment, and technology sectors, as well as efforts to increase the participation of women in the workforce.
"Building a Better Future: Saudi Arabia's Visionary Mega Projects"
Saudi Arabia Mega Projects
Neom
Qiddiya
Amaala
The Red Sea Project
Al Ula
The World's Most Ambitious Project
NEOM is a futuristic megacity project located in the northwest of Saudi Arabia, stretching over an area of 26,500 square kilometers. The project is focused on developing advanced industries and technologies, including renewable energy, biotech, and cybersecurity, with a goal of becoming a hub for innovation and sustainable living.
Saudi Arabia's Future Entertainment, Sports and Cultural Destination
Qiddiya is an entertainment and sports destination located near Riyadh, covering an area of 334 square kilometers. The project is set to become the largest entertainment city in the world, with plans for theme parks, water parks, sports facilities, and cultural attractions.
Saudi Arabia's Riviera
Amaala is a luxury tourism project located along Saudi Arabia's northwest coast. The project aims to create an ultra-luxury tourism destination, with plans for high-end hotels, residential properties, and cultural attractions.
A New Global Destination
The Red Sea Project is a luxury tourism development located along Saudi Arabia's Red Sea coastline. The project aims to create a world-class tourism destination, with plans for luxury hotels, residential properties, and leisure facilities. The development is also focused on sustainability, with plans for a fully renewable energy-powered destination.
Saudi Arabia's First UNESCO World Heritage Site