Saudi Arabia jumps 10 places in entrepreneurship index as startups make their mark

The Vegan Street, a Jeddah restaurant, is one of a number of new Saudi startups. (Supplied)
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Updated 05 March 2021
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Saudi Arabia jumps 10 places in entrepreneurship index as startups make their mark

  • Saudi Vision 2030 encourages startup culture
  • Index based on 12 entrepreneurship measures

DUBAI: Saudi Arabia has jumped 10 places in a global entrepreneurship index as the Kingdom looks to encourage startups.

It reached 7th place overall by the end of last year, according to the Global Entrepreneurship Monitor report 2020/2021, which noted that the Kingdom ranked 41st in 2018, Al Arabiya reported.

Saudi Arabia has witnessed significant progress in encouraging new businesses to take flight over the last three years.

The Entrepreneurial Status Index is mainly based on measuring countries’ average results across 12 main measures of entrepreneurship.

The Saudi economy is undergoing massive economic reforms, led by the transformation strategy Saudi Vision 2030.

A big part of that plan focuses on boosting the Kingdom’s startup ecosystem with supportive regulatory frameworks and local venture funds.

It has led to a flurry of new startups emerging in recent years, some of which have been featured by Arab News.

These include Mine Bags, which allows people to change the the look of items by switching between different brooches and straps, and Vegan Street — the Jeddah restaurant started by three young Saudis, which was the first Saudi restaurant to be approved by BeVeg, the world’s leading vegan certification company.


Saudi Arabia exports milk, dairy products worth $1bn in 9 months 

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Saudi Arabia exports milk, dairy products worth $1bn in 9 months 

RIYADH: Saudi Arabia’s exports of milk and dairy products reached approximately SR3.9 billion ($1.03 billion) during the first nine months of 2025, according to data released by the General Authority for Statistics and reviewed by Al-Eqtisadiah. 

The agricultural and industrial market for the dairy sector in the Kingdom is estimated at SR22 billion in 2024, according to Saudi Minister of Industry and Mineral Resources, Bandar Al-Khorayef, who spoke at the Saudi Dairy Forum in Al-Kharj. He noted at the time that Saudi Arabia has achieved 129 percent self-sufficiency in dairy products. 

Saudi Arabia’s exports of milk and dairy products in 2024 reached approximately SR4.8 billion, while exports in 2023 amounted to approximately SR4.2 billion, bringing the total export volume for the last three years up to September 2025 to more than SR13 billion. 

The licensed annual production volume of dairy products and infant formula is estimated at more than 29 million bottles, equivalent to 685 million kg and more than 818 million liters. 

Data indicated that the UAE was the largest importer of Saudi products during the three years up to last September, with imports totaling approximately SR4 billion, followed by Kuwait at SR2.6 billion, and Oman at SR1.3 billion as well as Bahrain at SR1.1 billion, Iraq at approximately SR1 billion, Jordan at SR997 million, and Yemen at SR837 million. 

The Zakat, Tax and Customs Authority told Al-Eqtisadiah newspaper that the volume of Saudi exports of dairy products and infant formula during the first half of 2025 reached 296.5 million kg. 

How many dairy and infant formula factories are there in Saudi Arabia? 

The Ministry of Industry and Mineral Resources told Al-Eqtisadiah newspaper that the number of dairy and infant formula production plants in Saudi Arabia reached 218 by the end of the first half of 2025. 

Riyadh and Makkah each have 65 plants, while the Eastern Province has 33, and Madinah has 14. Qassim has 11 plants, Al-Jawf and Tabuk 3 each, Hail and Asir 2 each, and Jazan and Najran 1 each. 

Al-Kharj accounts for more than 70 percent of Saudi Arabia’s dairy production. The protocol signed between Saudi Arabia and China last May approved the export of 13 dairy products, including infant formula. 

Up to 95% of Saudi Arabia’s milk production is certified with the “Saudi GAP” mark 

The Ministry of Environment, Water and Agriculture previously confirmed that 95 percent of Saudi Arabia’s milk production is certified with the “Saudi GAP” quality mark. This step highlights producers’ commitment to applying the highest quality and food safety standards and ensuring that local products conform to national and international standards. 

The Ministry added that the quantity of raw milk produced in specialized dairy farms, according to statistics, reached 2.7 billion liters in 2024. Riyadh led production with 1.6 billion liters, followed by the Eastern Province with 1.1 billion liters. The number of dairy cows in these farms reached 233,000 heads. 

By adopting the certified “Saudi GAP” quality mark, the ministry aims to enhance the reliability of food safety standards and deepen consumer confidence in local products. “Saudi GAP” is one of the ministry’s initiatives aimed at establishing the concept of sustainable agricultural practices and increasing the volume and quality of plant and animal production, thereby supporting the competitiveness of local products and contributing to achieving the goals of Vision 2030.