{"id":21306,"date":"2025-01-10T21:19:05","date_gmt":"2025-01-10T21:19:05","guid":{"rendered":"https:\/\/www.creationbc.com\/?p=21306"},"modified":"2025-02-04T21:19:49","modified_gmt":"2025-02-04T21:19:49","slug":"tech-companies-fuel-spike-in-saudi-business-registrations-as-featured-on-agbi","status":"publish","type":"post","link":"https:\/\/www.creationbc.com\/en-sa\/news\/tech-companies-fuel-spike-in-saudi-business-registrations-as-featured-on-agbi\/","title":{"rendered":"Tech Companies Fuel Spike in Saudi Business Registrations As Featured on <u>AGBI<\/u> \u2013 January 9, 2025"},"content":{"rendered":"<p data-mrf-recirculation=\"Article - paragraph links\">Commercial business registrations in\u00a0Saudi Arabia\u00a0increased by more than two-thirds in the fourth quarter of 2024, led by a proliferation of technology-based companies setting up in the kingdom.<\/p>\n<p data-mrf-recirculation=\"Article - paragraph links\">Over 160,000 new records were issued throughout the three-month period, taking the number of active commercial registrations in the country to more than 1.6 million, according to latest figures from the Ministry of Commerce.<\/p>\n<p data-mrf-recirculation=\"Article - paragraph links\">Demand was fuelled by cloud computing services, application development, financial technology (fintech) and tourism, entertainment and talent development, the government release showed.<\/p>\n<p data-mrf-recirculation=\"Article - paragraph links\"><a href=\"https:\/\/www.creationbc.com\/en-sa\/scott-cairns\/\">Scott Cairns<\/a>, managing director of Dubai-based Creation Business Consultants, said there had been a 6.5 percent increase in the share of\u00a0artificial intelligence\u00a0companies within his client base in Saudi Arabia.<\/p>\n<p><a href=\"https:\/\/www.agbi.com\/economy\/2025\/01\/tech-companies-fuel-spike-in-saudi-business-registrations\/\" target=\"_blank\" rel=\"noopener\">READ FULL ARTICLE HERE.<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Commercial business registrations in\u00a0Saudi Arabia\u00a0increased by more than two-thirds in the fourth quarter of 2024, led by a proliferation of technology-based companies setting up in the kingdom. Over 160,000 new records were issued throughout the three-month period, taking the number of active commercial registrations in the country to more than 1.6 million, according to latest [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":21309,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[111],"tags":[],"class_list":["post-21306","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-media-pr"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.creationbc.com\/en-sa\/wp-json\/wp\/v2\/posts\/21306","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.creationbc.com\/en-sa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.creationbc.com\/en-sa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.creationbc.com\/en-sa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.creationbc.com\/en-sa\/wp-json\/wp\/v2\/comments?post=21306"}],"version-history":[{"count":6,"href":"https:\/\/www.creationbc.com\/en-sa\/wp-json\/wp\/v2\/posts\/21306\/revisions"}],"predecessor-version":[{"id":21331,"href":"https:\/\/www.creationbc.com\/en-sa\/wp-json\/wp\/v2\/posts\/21306\/revisions\/21331"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.creationbc.com\/en-sa\/wp-json\/wp\/v2\/media\/21309"}],"wp:attachment":[{"href":"https:\/\/www.creationbc.com\/en-sa\/wp-json\/wp\/v2\/media?parent=21306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.creationbc.com\/en-sa\/wp-json\/wp\/v2\/categories?post=21306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.creationbc.com\/en-sa\/wp-json\/wp\/v2\/tags?post=21306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}