Money and business

Deputy Minister of Commerce: Vision 2030 contributed to enhancing the Kingdom’s global competitiveness


Confirmed Deputy Minister of Commerce CEO of the National Competitiveness Center Dr. Eman Al-Mutairi that the reforms implemented by the Kingdom are within the Vision 2030 contributed to raising the level of competitiveness globally and improving the performance of the business environment.
It indicated that the Kingdom has become among the first countries in a number of indicators related to competitiveness and economic readiness.
She explained during the dialogue session entitled "Creativity enhances competitiveness"Within the activities of the Misk Global Forum 2025, the government work system is witnessing continuous cooperation between the concerned authorities to develop legislation and regulations, and simplify procedures.
She indicated that these efforts have enabled beneficiaries and entrepreneurs to work in a more efficient and flexible environment.

Transforming obstacles into opportunities

The Deputy Minister of Commerce pointed out that competitiveness in the Kingdom depends on a clear approach based on transforming obstacles into opportunities, as every obstacle is an entry point for improving systems and raising the level of services.
She stressed that this trend contributed to strengthening regulatory reforms and achieving tangible results in record time. She explained that trade in services globally has surpassed trade in goods, which highlights the importance of investing in human capital and acquiring skills related to the modern economy, and that practical experience is an essential element in developing skills, especially in sectors with rapid growth. It increases his ability to innovate and make decisions.

Facilitating business start-up procedures

Dr. added. Iman Al-Mutairi said that the Kingdom has made great progress in facilitating business start-up procedures, as the beneficiary can open his project within just 3 minutes via the designated platforms.
In addition to the availability of a virtual assistant that provides immediate services to the beneficiaries through the Saudi Center for Economic Business website, which enhances the clarity of systems and accelerates access to information.
She concluded her speech by emphasizing that the Kingdom continues to implement qualitative initiatives that support its competitiveness in all economic sectors, and push it towards achieving the goals of the vision in building a prosperous economy based on innovation, an attractive business environment, and growth. Sustainable.

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