Minnesota officials say FBI blocked their access to ICE shooting probe    Trump says he canceled a 'second wave' of attacks as Venezuela cooperates with US    Saudi defense minister says Riyadh Conference opens real path for southern Yemen issue    Tourism minister continues winter journey across key attractions in Riyadh, Diriyah    Saudi Arabia, partners condemn Israeli official's visit to Somaliland    Neves inspires Al Hilal to 10th straight league win with 3-0 victory over Al Hazem    Al Qadsiah stun Al Nassr 2-1 as Rodgers' side extend impressive league run    Royal Commission for AlUla announces scientific discovery of rare fossils dating back 465 million years    123,000 new commercial registrations in Q4 2025, bringing total to over 1.86 million    Prince Faisal and Marco Rubio discuss latest regional developments in Washington    NCM reports near-freezing temperatures during mid-year school vacation    Studies flag link between food preservatives and cancer, type 2 diabetes    Saudi stocks rise on anticipation of broader foreign investor access    Saudi POS transactions reach SR17bn in one week    Venezuela will turn over oil worth up to $2.8bn to US, says Trump    Al Hilal move top of Saudi Pro League with 2-0 win over Damac    Ivan Toney ends Al Nassr's unbeaten run as Al Ahli win thriller 3-2    Skip the fads: What health experts say actually works as 2026 begins    Pioneering treatment reverses incurable blood cancer in some patients    Maestro unveils 3 new flavors in collaboration with Netflix    The key to happiness    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Saudi Arabia Achieves Significant Progress in International Indicators of Business Environment and Competitiveness
Published in Saudi Press Agency on 23 - 09 - 2020

The trade system, during the past five years, continued its efforts to develop and improve the business and investment environment and facilitate the start of commercial work, through complementary partnerships by more than 50 government agencies, and with an effective partnership by the private sector to enhance the Kingdom of Saudi Arabia's competitiveness globally and progress in international indicators to be among the ten most competitive countries in the world by 2030.
The Kingdom achieved a quantum leap in the World Bank's Ease of Doing Business 2020 Index, jumping 103 ranks, from 141st in 2019 to 38th in 2020.
The Kingdom also ranked first in the world in business environment reforms among 190 countries in the Ease of Doing Business 2020 report issued by the World Bank, while it was the best country in the world to support and enable entrepreneurship in the Global Observatory report 2019.
The Kingdom climbed three ranks in the Global Competitiveness Index 2019 to rank 36 out of 141 countries, and it achieved the only progress in the Middle East region in the IMD 2020 Competitiveness Yearbook Report, reaching the 24th place among 63 most competitive countries in the world.
In the field of e-commerce, the Kingdom ranked among the top 10 countries in the United Nations E-commerce Index.
In terms of empowering women, the Kingdom is the most reformed and advanced in the world, according to Women Business and the Law 2020 report.


Clic here to read the story from its source.