Business · Companies · 7 hrs ago

Saudi Chambers launch initiative to help foreign firms enter local market

Saudi Chambers launch initiative to help foreign firms enter local market

The Federation of Saudi Chambers has launched the International Business Gateway to help international companies do business in Saudi Arabia.

The initiative is designed to guide firms from exploring investment opportunities to setting up and expanding their operations in the country.

It will draw on a network of 103 business councils and 26 chambers of commerce across Saudi Arabia to connect investors with practical steps and procedures.

Foreign direct investment inflows rose from $7.5 billion in 2017 to $35.5 billion in 2025, while the total stock of foreign investment increased from $133.8 billion to $293.3 billion.

The initiative aims to turn investor interest into lasting projects and partnerships as Saudi Arabia moves into the next phase of Vision 2030.

Task Group is supporting the initiative with operational expertise to help international companies establish and grow sustainable businesses.

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What people are saying

Sultan Al-MusallamSecretary-General of the Saudi Chambers Federation
The priority in the next phase is to build on this progress and help more international companies turn investment opportunities into projects and partnerships with a long-term economic impact in the kingdom.
via Al Eqtisadiah
Mahesh ShahdadpuriFounder and Chairman of TASK Group
The initiative aims to turn this interest into established projects and businesses that can grow by making the different stages of the investor journey easier and linking them more efficiently.
via Al Eqtisadiah