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Saudi Arabia sees 252% surge in investment licenses
During the second quarter of 2026, Saudi Arabia experienced a significant leap in investment licensing, with the Ministry issuing 9,018 licenses—an increase of 252% compared to the same period last year—marking the highest annual growth rate in the country's history. The licenses were widely distributed across strategic sectors such as construction, trade, and manufacturing, with construction growing by 218%, wholesale and retail by 285%, and manufacturing by 284%. The report also highlighted Saudi Arabia’s prominence as a bold and innovative investment hub, having secured 72 deals in emerging tech companies during the first half of 2026, accounting for 34% of total deals in the Middle East and North Africa region. Additionally, macroeconomic indicators showed notable improvement, with the unemployment rate dropping to 6.4% and the trade balance surplus reaching 93.2 billion riyals. The International Monetary Fund (IMF) projects the kingdom’s GDP growth to reach 5.5% in 2027, ranking Saudi Arabia second among G20 countries in expected economic growth.
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