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Business Growth in Saudi Arabia: Vision 2030 Drives Surge

Saudi Arabia saw a sharp rise in business activity during the second quarter of 2025, issuing over 80,000 new commercial licenses and bringing the total number of active business records close to 1.72 million. This growth was fueled by sectors such as artificial intelligence, blockchain, big data, financial services, insurance, gaming, and entertainment.

These results reflect the country's ongoing economic transformation under Vision 2030, which focuses on reducing dependence on oil and expanding the private sector. Investments in infrastructure, digital tools, and regulatory reforms are making it easier for entrepreneurs to launch and grow businesses.

Source: Saudi Business News