Saudi Arabia ranked first in the world in the government’s response to the Corona pandemic, and in the first place in the response of entrepreneurs to the pandemic, while it has advanced in the Entrepreneurship Index to the seventh place in the world after it was in the 17th place, this is according to the Global Entrepreneurship Monitor report for the year 2020-2021, which was issued in cooperation with the Prince Mohammed Bin Salman College of Business and Entrepreneurship and the Babson Global Center for Entrepreneurship Leadership.
According to the Global Entrepreneurship Monitor report, the Kingdom jumped to first place in the "Ease of Starting a Business" index, after it was in the 22nd place, as a reflection of the important reforms in the entrepreneurship environment, transparency, and ease of business start-up procedures. It also achieved the first place in the "Promising Opportunities for Starting a Project in My Region" index, after it was in sixth place.
The Kingdom ranked third in the financial leadership index, after it was in the 19th position, due to the increase in financing opportunities of all kinds for emerging companies in the local market. It jumped from the 35th rank to the second in the physical infrastructure index as a result of the ease of access to services such as (office space, commercial sites, the Internet, and public services).
Source (Al-Arabiya.net Website, Edited)
