Survey Announcement
The Saudi British Joint Business Council (SBJBC) is pleased to announce the launch of a project examining the experience of businesses in Saudi Arabia. We are keen to support investors in Saudi Arabia and offer perspectives on the current situation to strengthen trade opportunities. As the Kingdom continues to make remarkable progress in its business reforms in line with Vision 2030, SBJBC remains committed to supporting foreign direct investment and offering insights that strengthen trade opportunities.
In response to the increasing number of firms of all sizes in the Saudi market, and as a continuation of our efforts to support British business in Saudi Arabia, we have initiated this project to identify general and sector-based insights into the business environment and any challenges they may be facing. The process will begin with a comprehensive survey examining the current business landscape. These findings will form a report alongside relevant case studies with feedback which will be presented to the Saudi Ministry of Investment (MISA), supporting their continued efforts to enhance the Kingdom’s business environment.
These insights and trends will support SBJBC’s goal of continuing to strengthen trade and business relationships between the UK and Saudi Arabia, while acting as a forum for UK SMEs and businesses to be heard. This again aligns with Vision 2030’s target of increasing the contribution of SMEs to 35% of the Kingdom’s GDP which reflects Saudi’s goals of economic diversification and private sector growth. The survey will be the first step towards raising specific policy suggestions to the relevant stakeholders.
This presents an opportunity for UK businesses to contribute to the current and future dialogue around conducting business in the Kingdom, building on the significant progress already made in regulatory and digital reforms. We aim to use the project to start an open dialogue with regular checks and updates to track progress in the years ahead.
The survey will be anonymous, with opportunities for respondents to become case studies should they wish, requiring a waiver of anonymity. The survey will remain open until Friday 28th February, after which we will begin data analysis.
This represents a significant opportunity to build upon Saudi Arabia’s impressive achievements and strengthen the trade relationships between the two Kingdoms. We appreciate your time and contributions and look forward to publishing our findings to continue SBJBC’s support for UK businesses and investment into Saudi Arabia.
For more information, questions, or to access this survey and be a part of the Project, please contact SBJBC at robert@sbjbc.org. In addition, please feel free to share with your wider network.
