KSA ranked first in 4 entrepreneurship indicators

01 September 2021

The Kingdom of Saudi Arabia (KSA) has scored unprecedented global success in four international sub-indicators in the field of entrepreneurship this year, in addition to achieving advanced positions in six other indicators, a report said.

The announcement was made by the National Centre for Performance Measurement (Adaa), which measures the variable levels of stimulating entrepreneurship and its activity internationally, citing the Global Entrepreneurship Monitor Report (GEM), according to Saudi Press Agency (SPA).

The Kingdom’s advancement included “Availability of good opportunities to start a business” and “Ease of starting a business”, “Entrepreneurs’ response to the pandemic” and “The Kingdom’s government response to the pandemic” indicators, Adaa said.

This achievement is attributed to the efforts, great incentives, and various facilities provided by the country’s leadership to support entrepreneurs, per the Kingdom’s Vision 2030 under the leadership of HRH Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister, and Minister of Defence, who pays special attention to the support of the Kingdom’s male and female entrepreneurs to contribute constructively in building the future of their country.

The Ministry of Commerce efforts, supported by the government, contributed to listing the Kingdom among the top countries in the world, to compete in the field of entrepreneurship, as these efforts helped extensively in overcoming difficulties and challenges posed by the Covid-19, and reduced its impact of the pandemic on the business sector.  

More Stories