RIYADH:聽海角直播鈥檚 Ministry of Investment has granted 550 foreign new ventures the Startup Investment Registration, known as the Riyadi license, as of mid-2025, marking an annual rise of 118 percent.聽
The Small and Medium Enterprises General Authority, known as Monsha示at,聽has issued 364 licenses to business incubators and accelerators nationwide, according to a report by the body.聽
Monsha示at said these entities provide facilities for prototype development, mentorship, and connections to investors and commercial partners.聽
The increase in Riyadi聽registrations aligns with the Kingdom鈥檚 surge in venture capital activity.聽
According to regional platform MAGNiTT, 海角直播 led MENA VC funding in the first half of 2025, with $860 million raised, representing a 116 percent annual increase across 114 deals. This聽marked a 31 percent rise in deal count compared to the same period in 2024.聽
This momentum built on a record 2024 performance, when startups in the Kingdom secured $750 million in funding and saw a 34 percent increase in early- and mid-stage 鈥淢EGA鈥 rounds below $100 million.聽聽
鈥淭his increase forms part of joint national efforts to reinforce the Kingdom鈥檚 role as a regional hub for entrepreneurship by streamlining market access for foreign startups and establishing a flexible regulatory environment that supports innovation and attracts investment,鈥 Monsha鈥檃t鈥檚 report said.聽
According to the Ministry of Investment, this trend reflects growing international interest in 海角直播鈥檚 investment environment, underpinned by recent legislative changes, expanded digital infrastructure, and聽a range of support programs introduced in line with the objectives of Vision 2030.聽
Saudi organizers have hosted international startup events, including Biban and LEAP, which feature presentations on the local ecosystem and investment opportunities.聽
Government agencies and private-sector representatives have attended overseas gatherings, such as the Web Summit, VivaTech, and Slush, to facilitate networking with foreign entrepreneurs and promote the Kingdom as a potential base for regional operations.聽
In addition to the Riyadi permit, the Ministry of Investment will issue a full suite of eight sector-specific business licenses, designed to accommodate virtually any foreign investor鈥檚 needs.聽
These include service licenses, which permit 100 percent foreign ownership for activities such as IT, consulting, marketing, and hospitality; entrepreneurial authorizations that offer streamlined fees and access to government-led support for startups; and industrial licenses for establishing manufacturing facilities.聽
Specialized agricultural permits cover crop cultivation and animal husbandry, while trade licenses authorize wholesale, retail and聽import-export operations.聽
Additional categories encompass real estate licenses for development and brokerage projects, professional permits for individual practitioners and solidarity firms, and mining licenses for exploration and extraction activities.聽
Each permit carries聽tailored minimum-capital聽requirements and documentation processes, but all are obtainable through MISA鈥檚 online portal, which centralizes application, approval and聽renewal under a unified regulatory framework.聽