Investment licenses issued in the third quarter of this year increased by 73.7% to reach 3,810 licenses compared to 2,193 in the same period of the previous year (after excluding licenses issued under the campaign to correct the status of violators of the Anti-Commercial Concealment Law).
According to a recent report issued by the Saudi Ministry of Investment, most of the issued investment licenses were concentrated in construction activity, manufacturing industries, professional, educational, and technical activities, wholesale and retail trade, and information and communications, where the number of licenses issued in these activities constitutes about 72 percent of the total during the third quarter of 2024.
