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Translation sector drives economic growth
Trade Ministry data shows that the translation sector in the Kingdom has experienced a 20% growth this year, reaching 7,964 registered commercial licenses. The activity is primarily concentrated in Riyadh, Mecca, the Eastern Province, Medina, and Asir. This growth reflects a shift from being an auxiliary activity to becoming an investment sector that contributes to diversifying the national economy, supported by increased demand from global companies and the expansion of Vision 2030. Additionally, women's empowerment in the market is evident, with nearly a quarter of business owners being women. This substantial growth opens up new prospects for regional and international competition, as efforts continue to regulate and technologically develop the sector, especially in legal, financial, and artificial intelligence translation fields.
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