80,000 New Commercial Licenses Issued in Saudi Arabia
Saudi Arabia issued over 80,000 new commercial registrations in Q2 2025, bringing the total number of valid business records in the Kingdom to nearly 1.72 million, according to the Ministry of Commerce.
The spike reflects a broader uptick in business activity across high-growth sectors such as artificial intelligence, big data, blockchain, financial services, gaming, and entertainment, as outlined in the ministry's Q2 Business Sector Bulletin.
This growth aligns with the Kingdom's Vision 2030 agenda, which aims to diversify the economy away from oil and position Saudi Arabia as a regional hub for innovation, entrepreneurship, and private sector expansion. The National Transformation Program continues to drive investment in infrastructure, digital transformation, and regulatory reform.
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By combining financial innovation with practical, scalable technology, we are enabling individuals to become active participants in Egypt's clean energy future." Eng. Nayer Fouad, Co-Founder and CEO of Infinity, further added: "This collaboration reflects our mission to deliver real, tangible solutions that support Egypt's clean energy goals. By working alongside a trusted partner like Crédit Agricole Egypt, we are not only making renewable energy more attainable but also fostering greater awareness around the benefits of solar adoption at the individual and household levels. It's another milestone in our journey to drive long-term environmental and economic value.' Infinity, established in 2014, is Egypt's leading provider of renewable energy solutions, delivering clean power solutions across all sectors and scales. The company develops, finances, and operates utility-scale and decentralized solar projects. 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