The Small and Medium Enterprises General Authority “Monsha’at” issued a specialized report titled “Biban 2025: The Destination of Ambition in a Nation Abundant with Opportunities” to coincide with the start of the forum, held under the theme A Global Destination for Opportunities with the aim of strengthening and enabling the local, regional, and global entrepreneurship ecosystem.

The report covered the major reforms in the Kingdom’s investment environment, the opportunities it abounds with, and the ease of doing business, reviewing the rapid growth of the Kingdom’s business sector: the number of active commercial registrations reached 1.7 million by the end of the third quarter of 2025, the number of workers in SMEs exceeded 8.4 million by the end of August of the same year, and Saudi women’s participation in the labor market reached 43.5%, in affirmation of the effectiveness of economic empowerment programs.

The report addressed the major progress in the tourism sector, with the Kingdom recording 9.7% growth in inbound visitor spending in the first quarter of 2025 compared with the same period of 2024, reflecting the success of plans to diversify the economy and create new investment opportunities.

The report also addressed the real estate sector, where the number of units licensed for off-plan sale rose to 47,286 in the third quarter of 2025, along with the remarkable development of the esports sector, which recorded 72% growth in the third quarter of the same year compared with the same period of the previous year, while the number of commercial registrations in electronic gaming activities reached 9,603 by the end of the third quarter of 2025.

The report emphasized that micro, small, and medium enterprises received unprecedented support, with the value of funding provided to them rising 20% year on year in the second quarter of 2025, and funding granted by commercial banks accounting for 96% of total funding. It pointed to the role of the Foreign Investment Law and the privatization and National Transformation programs in strengthening the investment climate and providing a competitive, stimulating environment for investors, along with the pivotal role of the Public Investment Fund in supporting the growth of priority sectors and achieving the economic transformation objectives of Saudi Vision 2030, which has cemented the Kingdom’s position as an influential global economic power.

The report commended the major role of Biban 2025, one of the most important global entrepreneurship events, in enabling enterprises, raising managerial, technical, and financial competencies, strengthening strategic partnerships, and highlighting the competitive advantages of the Kingdom’s regions.

Read the Biban 2025 report: The Destination of Ambition in a Nation Abundant with Opportunities.