In the last three decades, none of the countries has evolved as much as Saudi Arabia. Truth to be told, investors and entrepreneurs from across the globe are eager to invest in Saudi Arabia because of a plethora of advantages Saudi government is rendering to them. In this blog post, we are going to state all the key points which are responsible for making Saudi Arabia a gargantuan business hub. These points are –
In the last few years, the Saudi government has completely reinvigorated its business model. There has been a huge upsurge from nationalization to privatization. This major shift has created a positive environment for the investors, entrepreneurs, and the gigantic organizations to invest in Saudi Arabia and extract profit manifold times.
2.Ease of Doing Business
Ease of doing business is what any investor look for before making an investment in any country. According to a global report by prestigious World Bank, Saudi Arabia ranked 13th out of 183 countries in the list of ease of doing business. This clearly suggests how much efforts the Saudi government is putting to encourage investors around the world to invest in Saudi Arabia.
The level of safety and security in Saudi Arabia is simply remarkable. To be, frankly speaking, there is very little or no crime in Saudi Arabia. Many of the Saudi Arabia cities have secured good positions in the list of top 50 safest cities to live in the world. In the last decade, Saudi Arabia government has put a lot of efforts and resources to enhance the level of security and still working to maintain it.
It is just a preconceived notion among the people that the kingdom of Saudi Arabia is a house for terrorist activity. You will rarely see any case of assault, robbery, and intimidation.
The system of healthcare is surprisingly excellent. The quality of healthcare is universal and accessible to everyone. However, it is essential and mandatory to have a medical insurance to take full advantage of medical facilities. All the hospitals are equipped with state-of-the-art facilities and resources and the majority of the doctors and nurses are foreigners and from countries like the Philippines, India, and Pakistan. You can witness the pinnacle of professionalism among the healthcare professionals in Saudi Arabia.
Saudi Arabia has some of the most acclaimed schools and international universities of the world. A great number of schools and colleges offer a diverse curriculum to the students and ensure their all-round development. Most of top educational institutes and universities are governed by embassies which means Saudi government does give reverence to the nationalities.
Visiting the Kingdom of Saudi Arabia and relive the history of ancient castles and monuments is the dream of every enthusiastic traveler. When it comes to tourism, Saudi Arabia has a lot to offer and something special for everyone. All of the Saudi Arabia malls are packed with top-notch brand shops, fully air-conditioned. Adventurers can also enjoy breathtaking sports like sailing, water skiing, horse and camel racing.