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Why Is Saudi Arabia Increasingly Seen As The Best Place To Start A Business In The Middle East?

Why Saudi Arabia? A Nation of Sustainable Prosperity

King Abdullah Financial District
King Abdullah Financial District

Saudi Arabia is a nation that is transitioning to a future that’s more inclusive, expansive, sustainable, and integrated - both economically and socially. The country is unlocking its future, and that future is one that revolves around investment. New communication infrastructures, new transport routes, state-of-the-art industrial complexes, and a commitment to greater business efficiencies will all be delivered through the Kingdom’s focused investments, helping to build a nation of sustainable prosperity.


Saudi Arabia’s investment environment reflects traditions of liberal, open market private enterprise policies and its Foreign Investment Law allows complete foreign ownership of projects and real estate. These changes have been revolutionary for foreign investors and have fostered the introduction and growth of a variety of international businesses in the region due to unprecedented developments combining world-class infrastructure, cutting-edge design principles, special incentives, and streamlined processes to create foreign investment-led hubs in knowledge-based industries and other crucial sectors.


Saudi Arabia, The Word-class Investment Destination


King Abdullah Financial District
King Abdullah Financial District

Saudi Arabia has been recognized as a powerhouse in the Middle East due to its population, resources, and size. It’s well on its way to becoming one of the world’s top 10 most competitive nations and one of the most lucrative markets for strategic investment. Saudi Arabia has delivered a wave of reforms that have transformed society, with particular benefits to opening Saudi Arabia to the world. In doing so, it has seeded an environment in which businesses can scale, investors can thrive, citizens are nurtured and empowered, and the nation works in harmony for a sustainable future.


The Kingdom of Saudi Arabia is undergoing an exciting transformation of accelerated growth and development that will bolster its position as a global force. Saudi Arabia's Crown Prince Mohammed bin Salman announced Vision 2030 in 2016 as a package of economic and social reforms. These reforms each have several initiatives to create an environment that allows entrepreneurship and innovation to thrive. The country is poised to become the hub for entrepreneurship in the region, which means diversifying the economy away from oil and creating jobs for citizens.


The ongoing transformation of Saudi Arabia is unlocking new opportunities at an unprecedented pace, which has inspired locals and expats alike to innovate and scale up their businesses. The change has sparked a trend in Saudi Arabia, making it the place for ambitious investors and businesses to be part of an exciting future. Business transformation is a journey, not a destination. Be a part of this exciting future with INNOVISION.


INNOVISION is an international business consulting firm specializing in soft-landing and market entry services offering customer-centric business support, market entry facilitation, and support services to foreign companies to help them successfully expand to the Saudi market, facilitating their localization and growth. We leverage our knowledge and experience to deploy impactful solutions by bringing expertise, competence, trust, and diligence to business projects to improve people's livelihoods in developed and emerging economies.


To learn more about INNOVISION, visit our website at www.innovision.com.sa

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