logo-en
  • Home
  • Companies
  • Investors
  • Opportunities
    • Home
    • SME Loans
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Al-Kassabi: Commerce Ministry issues 90% of registers instantly

Al-Kassabi: Commerce Ministry issues 90% of registers instantly

NOHA.GAD
Jul 9, 2024
Saudi Ministry of Commerce issues 90% of registers instantly, says Minister Majid Al-Kassabi

Riyadh - Sharikat Mubasher: The Saudi Ministry of Commerce issues 90% of commercial registers immediately to facilitate procedures for starting businesses in the Kingdom, Minister Majid Al-Kassabi stated in a meeting held at the Madinah Chamber.

During the meeting, the minister discussed the challenges facing investors and entrepreneurs and reviewed their insights about enhancing the business environment.

Al-Kassabi revealed that the number of commercial registers in the Madinah Province reached more than 84,000, marking a 33% increase during the past five years.

He further noted that Madinah Province is an attractive destination for commerce, tourism, industry, and investment as it enjoys several prominent opportunities and competitive features.

It is worth noting that the number of existing commercial registers in Saudi Arabia exceeded 1.5 million during the second quarter (Q2) of 2024, signaling a 4.3% quarter-on-quarter (QoQ) increase, according to a recent report released by the ministry.

Tags

Saudi Arabia
Commercial registers
Commerce
Investors
Share

Attract clients with your ad

Start Now

Trending

stc powers up for Esports World Cup 2025
MUBASHER.SA
200 Indian firms to explore investments in Saudi gold, jewelry sector
MUBASHER
BlueFive Capital closes founding round at $120mn valuation
MUBASHER
Rekaz raises $5mn seed round to expand, enhance AI capabilities
MUBASHER.SA
stc’s Tali Ventures leads strategic investment in sukuk fintech Tarmeez Capital
MUBASHER.SA

Related News

Private Equities News
Calendar Icon
Jul 8, 2025
stc powers up for Esports World Cup 2025
Read More
Private Equities News
Calendar Icon
Jul 8, 2025
Saudi Arabia maintains first position in Global Cybersecurity Ranking in 2025
Read More
Private Equities News
Calendar Icon
Jul 7, 2025
Report: Saudi Arabia leads Middle East in crypto inflows
Read More
Private Equities News
Calendar Icon
Jul 7, 2025
SAB Invest launches $266M private credit fund focused on MENA
Read More
Private Equities News
Calendar Icon
Jul 7, 2025
Kafalah wins Best Institution for Sustainable Finance award
Read More
Private Equities News
Calendar Icon
Jul 7, 2025
Saudi Health Ministry organizes Global Health Exhibition 2025 in Riyadh
Read More
Private Equities News
Calendar Icon
Jul 7, 2025
E-commerce registrations in Saudi Arabia exceed 39K in Q2-25
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • Opportunities
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher