RIYADH: 黑料社区鈥檚 Najran region has recorded a 56 percent increase in commercial registrations over the past five years, signaling expanding economic activity and growth potential in the southern province.
According to government data presented at the Najran Investment Forum 2025, business licenses in the region reached 39,000, accounting for around 2.3 percent of the Kingdom鈥檚 1.7 million total records.
The forum, held from June 25 to 26 under the patronage of Prince Jalawi bin Abdulaziz bin Musaed, brought together government officials and private sector leaders to highlight economic prospects in the region. According to organizers, the event featured 53 project opportunities valued at over SR639 million ($170 million).
The southern province is emerging as a regional development hub under Vision 2030. With its mineral wealth, fertile land, cultural heritage, and growing logistics capabilities, it is positioned as a gateway for trade and business in line with the Kingdom鈥檚 economic diversification goals.
Speaking during the forum鈥檚 opening session, Assistant Minister of Commerce Abdulaziz bin Saud Al-Duhaim said: 鈥淣ajran is an important region that abounds with diverse investment opportunities, based on its geographical location, natural resources, and competitive sectors such as agriculture, mining, manufacturing industries, tourism, and others.鈥
He added: 鈥淲e have reviewed and developed more than 110 pieces of legislation over the past few years, most notably regulations on companies, franchises, e-commerce, bankruptcy, commercial registration, trade names, and others.鈥
The region鈥檚 light transport sector saw the largest increase in new registrations, up 124 percent year on year in the first quarter to 536. The logistics sector followed with 111 percent growth, totaling 345 records. Registrations in civil protection equipment installation and maintenance rose by 26 percent, while storage facilities climbed 31 percent, reaching 717 records.
During his participation in the forum, Al-Duhaim also emphasized that the Ministry of Commerce has strengthened market regulations to protect consumers, monitor prices, and combat fraud and commercial cover-ups.
鈥淲e are working on a comprehensive consumer protection system, established a reporting center and a summons center, and launched the 鈥楨mtithal鈥 electronic inspection and monitoring system,鈥 he said.
The assistant minister also noted that the National Competitiveness Center has worked with more than 65 government agencies, in partnership with the private sector, to implement over 900 economic reforms and recommendations aimed at enhancing business competitiveness.聽
He added that 21 branches of the Saudi Business Center have been established to facilitate business start-ups and operations.
鈥淭he Ministry is working to develop and implement comprehensive strategies for the wholesale, retail, and professional services sectors, and to develop the services sector by leveraging new technologies,鈥 Al-Duhaim said.
During the event, 14 cooperation agreements were signed between the Najran Chamber and various public and private entities to support local initiatives and business development.
Abdullah bin Ali bin Mohammed Al-Ahmari, assistant minister of industry and mineral resources for planning and development, who also participated in the event, noted that Najran is one of the richest regions in mineral resources, with the estimated value of untapped reserves rising from SR145 billion to more than SR227 billion.
He also emphasized the importance of developing mining-related manufacturing industries to maximize added value and boost exports.
In the same context, Abdullah Al-Dubaikhi, assistant minister of investment, discussed the province鈥檚 competitive advantages, noting that the area offers promising opportunities in mining, specialized agriculture, tourism, and education 鈥 sectors that require coordinated efforts among relevant authorities to unlock their full potential.
He noted that total projects registered on the Invest in 黑料社区 platform for the region amounted to approximately SR8 billion.
The forum aimed to showcase the area鈥檚 economic potential, attract quality investments, and provide an effective platform for engagement between local and international investors and government agencies.
鈥淭he ministry has been committed to addressing all challenges facing the business sector by developing legislation, facilitating procedures, and expanding financing programs and solutions that empower entrepreneurship and commercial establishments,鈥 Al-Duhaim added.聽
