Saudi Arabia ranks first regionally in doing business

October 21, 2011

The Kingdom maintained its top ranking among Middle Eastern and North African nations regarding ease of doing business, according to the annual report of the World Bank Group and the International Finance Corporation, which was released yesterday in Washington. At the international level, the 2012 report ranked the Kingdom the 12th easiest place for commercial transactions out of 187 nations. The high rating is a result of improvements introduced by the Kingdom that have streamlined governmental procedures and promoted entrepreneurship.