Saudi Arabia’s New National SME Strategy: 500,000 Jobs, 35% of GDP, and What It Means for Foreign Companies
Saudi Arabia’s Cabinet, meeting in Jeddah under Crown Prince and Prime Minister Mohammed bin Salman, approved a new National Strategy for Entrepreneurship and Small and Medium Enterprises this week. Minister of Commerce Dr. Majid bin Abdullah Al-Kassabi, who also chairs the SME General Authority (Monsha’at), presented the strategy and thanked King Salman and the Crown […]
21 Deals in Two Days: What the Saudi-France Paris Summit Really Tells European Companies About Entering Saudi Arabia
21 Deals in Two Days: What the Saudi-France Paris Summit Really Tells European Companies On 24 August 2026, Crown Prince Mohammed bin Salman and President Emmanuel Macron sat down at the Élysée Palace for the first meeting of the Saudi-French Strategic Partnership Council. By the end of the visit, the two countries had announced 21 […]
Saudi Arabia Construction & Real Estate SMEs Grow 134%: Key Business & Investment Opportunities
Saudi Arabia’s real estate and construction SME sector has grown by 134% since 2021, surpassing 370,000 businesses and becoming the Kingdom’s largest SME sector by number of establishments. The sector represents around 23% of all SMEs in Saudi Arabia. The growth is being driven by Saudi Vision 2030, major infrastructure projects, housing developments, new cities, […]