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Kingdom Tops Trade in 2026 Report
Saudi Arabia has achieved advanced positions in the 2026 Global Competitiveness Report, ranking third worldwide in supporting legislation for business establishment, fourth in economic opportunity equality, and seventh in the efficiency of large companies according to international standards. The Kingdom's position improved by one place in legislative support, three places in economic opportunity equality, and two places in corporate efficiency compared to last year, with its overall ranking rising to 13th globally among 70 countries, and it is now the third among G20 nations after the United States and China. This progress results from a partnership between the public and private sectors and the development of 110 legislations, including the Companies System, Commercial Register, E-Commerce Law, and Commercial Courts, with more laws upcoming, such as consumer protection and commercial transactions legislation.
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