Saudi Arabia registered 1,275 new foreign establishments in October 2026, with combined declared capital of SR10.3 billion ($2.7 billion). The figures come from the Federation of Saudi Chambers, which has published its first report tracking foreign business entries into the Kingdom and plans to release it monthly.
The new entities represent investors from 45 countries, an average of around 56 registrations per day.
What is driving the inflow
Manufacturing made up 35% of the new establishments, followed by construction and building at 22% and information and communications technology at 10%. According to the federation's Secretary-General, Sultan Al-Musallam, the dominance of manufacturing and construction reflects Vision 2030 priorities, as factories, major projects and infrastructure expand across the Kingdom's regions.
He also pointed to more than 1,000 regulatory and legislative reforms over the past decade, including over 23 enabling measures and incentives for the industrial sector. The non-oil economy continues to grow in importance, with its contribution to the budget reaching 55% in the third quarter.
What it means for companies expanding to the GCC
The report shows a wide range in the size of new entrants. Half of the establishments, 639 in total, declared capital of SR100,000 or less each, while 10 establishments together reported more than SR758 million. This suggests the market is open to both smaller operators and large-scale investors. The federation notes, however, that declared capital does not necessarily reflect actual foreign direct investment flows.
The federation says it aims to help foreign investors move faster from obtaining licences to starting operations, particularly for industrial licence holders looking to begin production and exports. It holds coordination meetings roughly every two weeks with the Ministry of Investment to ease market entry.
Points to consider
For companies weighing a move to Saudi Arabia, the figures point to strong activity in manufacturing, construction and technology. Entry still requires careful planning around licensing, legal structure, local partnerships and the practical steps needed to become operational. The federation's new month
ly reports should also give businesses a clearer view of market trends over time.
OGMC supports companies planning their entry into Saudi Arabia and the wider GCC. If you are considering expanding into the Kingdom, our team is available to discuss your options.
