Kingdom ranks high in business support and economic opportunity
Saudi Arabia achieved significant progress in the 2026 Global Competitiveness Report, ranking third worldwide in the Legislation Support for Business Formation Index and fourth in Economic Equal Opportunity. It also advanced to seventh place in the Large Business Efficiency Index. Legislative reforms and streamlined procedures have improved the business environment, supporting the growth of the corporate sector and increasing competition both locally and internationally. This progress is part of ongoing efforts to develop the legislative and economic framework in collaboration with both the public and private sectors.
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