Makkah: Wadi Makkah Company for Technology, the investment arm of Umm Al-Qura University, has launched an integrated service to help global companies enter the Saudi market, coinciding with World Entrepreneurs' Day. The service supports companies in establishing, operating, growing, and expanding their businesses. It also aims to attract high-quality companies and promising investments while strengthening the entrepreneurship and innovation ecosystem.
According to Saudi Press Agency, the service is part of the company's efforts to build an attractive investment environment for global companies seeking opportunities in the Saudi economy. By facilitating their market entry, from establishment to operation and growth, it helps companies build a sustainable presence and expand their operations.
The launch is particularly significant for Makkah, where it is expected to boost economic and investment activity and attract global companies with expertise, technologies, and innovative solutions. It also supports the diversification of economic activities, stimulates the growth of small and medium-sized enterprises, and opens new avenues for partnerships with local entrepreneurs and businesses.
The service supports the objectives of Saudi Vision 2030 to diversify the economic base, enhance the attractiveness of the investment environment, and promote entrepreneurship and innovation. It also seeks to attract high-quality investments and expertise, enhance the competitiveness of the national economy, and strengthen the private sector's contribution to development. These efforts enable Makkah to benefit from growing opportunities in the digital and knowledge economies.