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Ministry of Commerce (MC) · Press Release

Kingdom Ranks 3rd Globally in Supporting Company Establishment and 4th in Economic Opportunity Equality Among Trade Indicators in the Global Competitiveness Report

المملكة الـ 3 عالميًا في دعم تأسيس الشركات والـ 4 في تكافؤ الفرص الاقتصادية ضمن مؤشرات التجارة في تقرير التنافسية العالمية

No action neededAwareness

The Kingdom ranked 3rd globally in the "support for legislation for company establishment" indicator in the Global Competitiveness Yearbook report 2026, attributed to simplified procedures, reduced requirements, and automation, with the Companies Law cited as supporting a flexible environment for company establishment and growth. The Kingdom also ranked 4th in economic opportunity equality among trade indicators in the same report.

PublishedJune 18, 2026
Effective
GazetteNot gazetted
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