RIYADH: Saudi Arabia issued more than 71,000 new commercial registrations during the second quarter of 2026, according to the business sector bulletin issued by the Ministry of Commerce, raising the total number of existing commercial registrations in the Kingdom to more than 1.91 million records.
The bulletin reviewed the most prominent performance indicators of the business sector, noting the Kingdom’s progress across a number of trade indicators within the World Competitiveness Yearbook, ranking third globally in the index of legislative support for company formation, fourth in the index of economic opportunity equality, and seventh in the index of large corporate efficiency according to international standards.
The bulletin also covered the growth of a number of sectors targeted under Saudi Vision 2030, including tourism, e-commerce, cloud computing, sports academies, and entertainment and gaming cities, amid continued expansion of economic activities.
The data showed a 18 percent increase in the number of establishments in the Kingdom over the past five years, reaching approximately 1.28 million establishments, while the number of limited liability company registrations exceeded 612,000 commercial registrations, recording growth of 173 percent during the period.
