Business Investment Opportunities in Saudi Arabia

Business Investment Opportunities in Saudi Arabia

Are you looking to start a business in Saudi Arabia but are running out of ideas? If so, here are 50 Best Small Business Idea Investment Opportunities in Saudi Arabia.

Saudi Arabia is a country in the Middle East on the Asian continent, and Riyadh is the capital of Saudi Arabia as well as the largest city in the Kingdom. Saudi Arabia was founded on September 23, 2032 and they were admitted to the United Nations on October 24, 2045. The official language of Saudi Arabia is Arabic, their religion is Islam (Sunni) and the country counts around 33 million inhabitants (2018 estimate). ) with a GDP (PPP) amounting to 1.845 trillion. US dollars and per capita in the amount of 55,859 US dollars.

The geography of Saudi Arabia is dominated by the Arabian Desert, its associated semi-deserts and shrubs, as well as several mountain ranges and highlands. Besides Riyadh, the other major cities are Jeddah, Mecca (the most visited pilgrimage city in the world), Medina, Qatif and Jubail, etc.

Why start a business in Saudi Arabia?

Statistics show that in October 2018, Saudi Arabia is the largest economy in the entire Middle East and the 18th largest in the world. Saudi Arabia has the second largest proven oil reserve in the world and the country is the largest oil exporter. It also has the fifth largest proven reserve of natural gas. It relies heavily on foreign workers, with around 80% of those employed in the private sector non-Saudi.

The petroleum industry accounts for around 45% of Saudi Arabia’s nominal gross domestic product, compared to 40% for the private sector. Officially, Saudi Arabia has around 260 billion barrels (4.1 × 1010 m3) of oil reserves, or about a fifth of the world’s proven oil reserves.

When it comes to the ease of doing business, Saudi Arabia is ranked 92 out of 200 countries in the world according to the World Bank ranking, but that doesn’t mean the country is not conducive to doing business for investors. , but you must be prepared to abide by the country’s very strict rules and regulations, especially if you are a foreign investor.

That said, if you want to do business in Saudi Arabia, you can choose from the top 50 business opportunities:

50 Best Small Business Investment Opportunities in Saudi Arabia

  1. Open a recruitment consulting agency

If you have extensive experience in human resources and want to start a business in Saudi Arabia, it is best to start your own recruitment consultancy firm; It is an interesting and lucrative business to do in Saudi Arabia, especially if you are qualified and know how to communicate with professionals outside of Saudi Arabia.

Basically, recruitment consulting firms are responsible for helping an organization recruit staff to fill. vacancies in their organization and also help applicants / workers between jobs to get a job. You can also help train employees based on the role they are recruiting for.

  1. Start a tourism and tourism consultancy business

Tourism and Tourism Consulting This is another successful and profitable business to start in Saudi Arabia, as Saudi Arabia is one of the countries in the world that receives the highest number of tourists every year.

Travel agencies provide services that cover all aspects of travel. They help their clients get visas (especially transit ones), buy plane tickets, book hotels, order taxis and order bus services and, of course, organize sightseeing tours. , among others.

They work in conjunction with service providers such as airlines, car rental companies, cruise lines, hotels, railways, travel site managers and possibly translators and security services. .

  1. A restaurant

Opening a restaurant is another business opportunity to open in Saudi Arabia. If you want to open a restaurant in Saudi Arabia, especially in cities where there is a large number of tourists, you should not only serve local specialties in your restaurant, but also intercontinental specialties.

Please note that serving alcohol is prohibited in Saudi Arabia, so you should not consider serving alcohol in your restaurant, especially as a foreigner who may not be aware of what is available in the country.

  1. Hotel and chalet (Motel, Inn et al)

Saudi Arabia regularly welcomes visitors and of course, it is imperative for visitors to look for places to sleep when visiting a city. So hotel and lodge is another successful business to start in Saudi Arabia. In fact, before tourists visit a tourist town, some of their conclusions will be how to find the nearest hotel and hostel. The point is that if there are no standard hotels and hostels in a tourist town, they are likely to attract fewer visitors (tourists).

  1. Taxi and bus transport

Taxis and bus services are another fantastic business opportunity to open up in Saudi Arabia. Considering the speed at which tourists travel to Saudi Arabia, they would like to move from place to place, which is why a shuttle bus is required.

The shuttle can also help transport tourists on arrival from the airport to their hotels, as well as from their airport hotels on departure. Taxis are also ideal for couples, individuals or groups of 3 or 4 people who wish to travel around the country.

  1. Start a language translation service

Language translation services are another thriving and lucrative business that an entrepreneur can start in Saudi Arabia. All it takes to successfully launch this type of business is to make sure that in addition to Arabic, which is the official language of Saudi Arabia, you can speak at least one or more languages. foreigners; it can be English, French, Spanish, Chinese, Portuguese or German etc.

So, if you are looking to start a small business in Saudi Arabia, you should consider setting up a language translation service. The advantage of this type of business is that you can start successfully with little or no start-up capital.

  1. Open a shisha bar

If you are looking for a successful business to start in Saudi Arabia, one option is to open a shisha bar. The hookah bar / lounge, also known as the hookah bar or lair, is an establishment where visitors share hookahs from a hookah or shared hookah that are placed on each table. It is a place where tobacco smokers can freely buy and smoke tobacco and cigars without fear of breaking the law of any country or city.

  1. Create a construction company

An important business opportunity for an investor who wants to start a business In Saudi Arabia, one should consider starting a construction company. Please note that starting a construction business is capital intensive due to the heavy equipment required to complete the projects, as well as the cost of managing a large workforce.

Despite the fact that the construction industry requires huge start-up capital, the industry is very profitable, especially if you have the experience and the ability to do the job well. The main clients of construction companies are governments and the private sector.

  1. Start a solar energy business

Setting up a solar energy business in Saudi Arabia is undoubtedly one of the ideal businesses to start up in the country, as Saudi Arabia experiences high solar intensity every year. Solar power has become one of the most reliable sources of energy supply, especially when operating elevators in commercial buildings.

The solar market is growing and remains open to new investors. As the solar energy market grows, you need to adopt a viable marketing strategy to be able to make good sales. You can enter into contractual agreements with those who manufacture solar energy products (panels) so that you can be responsible for supplying them with solar panels. …

You can also increase your sales by working with your customers. to produce customized solar panels tailored to their purpose. There are regions where solar power is sold like wildfire, and you can only spot those regions if you do the proper research.

  1. Start a bakery

Another simple but lucrative business idea to start in Saudi Arabia is bakery. Bread and all flour-based foods are generally eaten by almost everyone on our planet, so anyone who decides to open a bakery in Saudi Arabia is sure to get a good return on their investment. Besides bread, which seems to be the face of the baking industry, cake is also one of the products that is performing well in the market.

  1. Open the car accessories store

Another good business opportunity that an entrepreneur should consider in Saudi Arabia is opening an auto accessories store. Auto accessories stores / stores retail new and used auto parts and accessories, repair cars and install auto accessories.

It is important to note that the auto accessories and auto parts industry cannot go out of fashion due to the role it plays in the auto industry. Depending on the scale you want to start, the start-up capital for this type of business can be considered moderate.

  1. Start a chemical manufacturing business

If you want to start a business in Saudi Arabia, you should consider starting your own chemicals business. Chemicals, organic and inorganic, are the primary raw materials in many manufacturing companies; there are a variety of products and manufacturing plants that depend on different types of chemicals.

It is important to note that the chemical industry is a very delicate industry, so proper training is needed to start a chemical business. In fact, you will need chemical handling permits and other relevant permits from Saudi authorities before you can legally start producing chemicals.

  1. Start a cleaning business

Saudi Arabia is one of the countries with a thriving cleaning industry. As a budding entrepreneur keen on building a business that will survive the future, you should consider starting your own cleaning business.

This type of business can be started by anyone, as long as you pay attention to detail and cleanliness. If you have experience in this regard, it will be easier for you to start and effectively manage a cleaning business in Saudi Arabia.

  1. Start recruiting housekeeping services

In Saudi Arabia, maids, especially from Africa and other Asian countries, are in high demand, and customers are willing to pay more for trusted maids. You are expected to do your housekeeping research before hiring to get the most out of it.

Your research will also help you know where to find housekeepers and those who need their services. Note that when recruiting maids it is very important that you do not be tempted to recruit for the elderly. It might be cheaper and easier, but you can go to jail for breaking the laws that protect minors. Make sure you recruit maids who can read and write, who are neat, mature, and ready to work.

  1. Open a garment factory

A garment factory is one of the many businesses that can be set up in Saudi Arabia and the business owner can still enter the global market. Just make sure you make clothes that are mostly worn in Saudi Arabia and the Middle East.

At the end of the day, there is always a ready market for clothing manufacturers. All a designer has to do is make sure that he or she carves out a niche for his or her business and that they work hard to get their brand accepted outside of their city of operation. …

Start a refrigeration unit business

If you live in Saudi Arabia and want to own a portfolio of businesses in this country and you haven’t started your own, consider what type of business to do and then consider starting your own business units business. refrigeration. The refrigeration activity mainly concerns warehouses and cold stores. They also use temperature controlled services like freeze and start.

  1. Create a courier delivery business

Courier delivery is another thriving business opportunity that an investor who is considering starting a business in Saudi Arabia should consider. Courier companies provide air, land, sea or combined courier services for packages, documents and parcels for individuals and businesses.

Courier delivery companies typically provide services between urban areas or downtown areas and form a network that includes local, national and international delivery and delivery to meet customer needs.

  1. Start a tank farm production business

If you are looking to take advantage of the oil and gas industry in Saudi Arabia, one of the businesses you can start is a tank farm; a company that stores and supplies dealers with motor gasoline, fuel oil, hydrocarbon gas, jet fuel, asphalt, road oil and crude oil.

Please note that the relative geographic distribution of industrial enterprises in Saudi Arabia depends on regional supply and demand for crude oil and petroleum products.

Areas with large populations and high economic activity require more petroleum and petroleum products. In contrast, areas with many high traffic airports require large amounts of jet fuel. Therefore, be sure to select these areas when purchasing the location where your tank farm will be located.

  1. Start shipping crude oil

If you are familiar with the Saudi oil and gas industry, you know that transporting crude oil from an oilfield to a refinery is safer and more economical, especially if the sites are remote.

So if you are a major investor and want to start a business in Saudi Arabia, one option is to set up a crude oil transportation company. Of course, this type of business is capital intensive, but the truth remains that it is a lucrative business.

If you become a player in this industry, you will need to acquire licenses and permits from the required authority in Saudi Arabia before you can get a permit to extract crude oil. This industry is regulated due to the activities of pirates and crude oil bunkers.

  1. Start a petroleum products transport business

Another successful and successful business that an investor should consider starting in Saudi Arabia is an oil products transportation company. Petroleum product transportation companies transport petroleum products, such as high quality motor alcohol (gasoline / fuel), kerosene and diesel, from refinery, seaport and oil depots, etc. to various service stations scattered across the country.

All you need to start this type of business are tanker fleets, tanker drivers, necessary permits and business licenses, etc. Without a doubt, this type of business is capital intensive, but it is also very profitable and Saudi Arabia is one of them. of the world’s largest crude oil producers.

  1. Establish an oil spill cleanup business

Saudi Arabia and other high seas oil producing countries around the world are prone to oil spills, so professional oil spill cleanup services are necessary. If you are looking for a business to start in Saudi Arabia one of your options is – start an oil spill cleanup business.

This type of business requires top-notch professionalism because of the risks involved. in these cleaning services. Without a doubt, if you manage to win just one oil spill cleanup contract in Saudi Arabia, you will surely make a profit in the order of millions of dollars.

  1. Start a lubricants business

Another very profitable and successful business that an investor should consider in Saudi Arabia is a lubricants company. There is a large market for lubricants and this activity is open to entrepreneurs who want to compete in the industry.

So if you really want to make money from Saudi Arabia’s thriving oil and gas industry, you should consider starting a lubricants business. Just make sure you offer good quality and good packaging.

  1. Create a natural gas sales company

They can act as an intermediary between the manufacturer and direct end users, or between manufacturers and sellers or other distribution companies. The good thing about marketing natural gas is that the price is no longer regulated like it used to be, the price is actually determined by available market forces such as supply and demand.

Just make sure you know all of the options available to you as a natural gas seller so that you can choose your niche; You can start as a large national distributor, broker, producer, aggregator, or small geo-focused distributor. The choice is yours.

  1. Open a gift shop

Opening a gift shop is another small-scale business idea to start in Saudi Arabia. Believe me, this type of business is very profitable in any tourist town. Many tourists prefer to buy local crafts, unique gifts or locally sourced shoes, etc. In a tourist town. Just make sure that your gift shop is in a good location and attractive, and that you don’t have to worry about patronage.

  1. Start a Diamond Cutting and Polishing Business

Another exciting business opportunity that would be a great fit for a start-up in Saudi Arabia is the diamond cutting and polishing business, where operators in the diamond cutting and polishing industry turn a diamond into a stone. rough in a cut stone.

Cutting and polishing diamonds requires knowledge, tools, equipment and, of course, specialized techniques due to their extreme complexity. Believe me, this type of business will surely attract clients, investors and partners who visit Saudi Arabia.

  1. Launch of a baggage delivery service

Another small business to start in Saudi Arabia is baggage delivery. The baggage delivery business is about helping travelers to avoid baggage waiting and security screening issues. In fact, baggage delivery services do their best to deliver baggage to their customers.

All the customer has to do is pack their belongings. The baggage delivery company accepts and stores baggage on its behalf. It also helps code the online content so the owner can update it for another trip.

  1. Begin pipeline laying and maintenance work

Laying and maintaining pipes is another successful and profitable business to start in Saudi Arabia. Pipes are one of the main means of transporting oil and gas from one place to another in Saudi Arabia.

This suggests that there is a huge market for pipe laying and maintenance services in Saudi Arabia. So, if you are looking for a business to start in Saudi Arabia, one of your options is to start a pipe laying and maintenance business.

  1. Start the petrochemical industry oil refinery

Another business that an investor looking to make money in the oil and gas value chain in Saudi Arabia should consider starting is a petrochemical refinery.There are many by-products of crude oil refining that have a high market price.

Petrochemicals such as benzene, ethylene, ammonia, toluene, etc. are used for various purposes, so there is a large market for petrochemicals. some products. So, if you are looking for a business to start in Saudi Arabia, one of your options is to open a petrochemical plant in the oil and gas producing region of the country.

  1. Create a biodegradable plastic bag manufacturing company

Starting a biodegradable plastic bag business is another great business idea to start in Saudi Arabia. The retail industry has fully embraced the use of biodegradable plastic bags as the world moves on the path to climate change.

This suggests that there is indeed a very large market in our world for biodegradable plastic bags; so many investors are pitching their tents in the biodegradable plastic bag industry.

  1. Start a CCTV Camera Installation Business

Another small but lucrative business that could be started in Saudi Arabia is the installation of CCTV. You will notice that almost all banks and a significant percentage of hospitals, homes, offices, public institutions and government agencies have CCTV cameras because in some cases it is mandatory.

This shows that there is indeed a significant market for the security camera installation industry. While installing a security camera is a technical matter, this in no way prevents an entrepreneur without technical skills from being able to master a trade in a few months if he is smart.

  1. Start a commercial drone delivery business

Another business idea that an investor should consider when starting out in Saudi Arabia is a commercial drone delivery company. The commercial drone delivery business is one of the many businesses that have emerged with the emergence of new technologies.

A commercial drone delivery business is all about helping your customers deliver their packages or goods using drones to any location they want. With this type of business, you can choose your own store (online or offline) if you have the financial capacity or you can work without a store. The bottom line is that you need to know how to deliver goods to your customers using drones.

  1. Start driving school

Saudi Arabia recently gave women permission to start the movement. This suggests that the driving school business will become one of Saudi Arabia’s successful businesses. A driving school is generally a competitive business because it is not difficult to start.

Before starting this business, you should know how to obtain the necessary licenses and permits to successfully run this type of business. Saudi Arabia, road network in the location of your choice, ideal insurance and type of vehicles required to run this type of business

  1. Start a home grocery delivery business

Another great business to start in Saudi Arabia is home delivery. A home grocery delivery business involves helping your customers purchase groceries and deliver them to their homes.

In this type of business, you can choose to shop if you have the financial capacity, or you can choose to operate without a store. The bottom line is you have to know how to get products and how to deliver them to your customers.

Getting the right products that people want to buy and keeping a good inventory are the secrets to working with the grocery store. home delivery business. Home delivery work can be performed offline from a regular retail store or online from an online retail site.

  1. Create a home improvement business

Saudi Arabia is one of the countries where home improvement services are in high demand. If you are looking to start a business in Saudi Arabia, you should consider starting a home delivery business. A home improvement company that renovates and renovates the interior and exterior of residential buildings (i.e. single-family homes and multi-family homes). Modernization includes additions, modifications, rebuilds, maintenance and repairs.

  1. Start an immigration consulting firm

If you are a lawyer or someone with immigration experience and are planning to start your own business in Saudi Arabia, you should consider starting your own immigration consulting firm.

Many migrants are trapped simply because they do not know where to turn when they have immigration problems. It is therefore important to set up your own immigration lawyer agency. Being an immigration consultant or lawyer means helping your clients solve them all. immigration issues.

  1. Open a jewelry repair shop

A jewelry repair business provides watch and jewelry repair services, including calibration, polishing, and other related services. This business is booming because each of the two people you meet in Saudi Arabia owns one or more jewelry that they use regularly.

The truth is that when jewelry is used, it gets worn out or damaged, hence the need for jewelry repair shops. If you really want to run a jewelry repair business, you need to register with the Saudi Arabia Corporate Affairs Department.

While you can run an unregistered jewelry repair business in Saudi Arabia, running a registered jewelry repair business is the best way to go as it will allow you to do business with corporate entities and allow your customers to entrust you with their very expensive jewelry.

  1. Open language school

The language school usually offers language courses ranging from oral skills for personal enrichment to intensive study courses for career or educational opportunities. Arabic is the official language in Saudi Arabia and there are migrants and students who intend to work or study in Saudi Arabia. Arabs who must first go through language schools before they can be fully integrated into society, hence the viability and profitability of language schools in Saudi Arabia.

  1. Start a leather processing business

Leather processing companies, commonly known as leather tanning and finishing, are companies engaged in the following activities: tanning, currying and finishing of hides and skins. Industry operators receive raw hides from slaughterhouses, process them and dye them to produce finished leather.

Converted leather products are used in all parts of the world. In fact, the economic downturn has little effect on the use of processed leather products. Leather belts, bags, wallets, watches, shoes, slippers and sandals, etc. Used daily.

  1. Creation of a freight transport and logistics company

Another successful business that could be launched in Saudi Arabia is a packaging and logistics services business. A freight packing and logistics service company is responsible for providing packing and crate services primarily for the transport sector of the economy, consolidating shipments, preparing sales documents, packing, wrapping and other preparations of goods for transport and logistics consultancy services.

  1. Start a medical tourism agency business

Setting up a medical tourism agency is a good business to start in Saudi Arabia, as the country has the best medical facilities available. In fact, Saudi Arabia is one of the top destinations for foreigners looking for standard treatment.

The Medical Tourism Agency not only deals with hospitals and health facilities looking for patients all over the world, but also foreigners looking for good medical care outside their home country or workers from health looking for standard hospitals abroad for training. The medical tourism agency is indeed a large-scale business.

  1. Start a medical waste recycling and recycling business

You fully agree that wastes such as used gloves, face masks, cotton soaked in blood, needles and syringes, etc., cannot be simply handled frivolously due to the potential danger that ‘they can cause people. and the environment.

  1. Business money transfer agencies

One of the business opportunities that you can start in Saudi Arabia is a money transfer agency. The money transfer agency acts as third party agents that facilitate money transfers and payments between parties located in different locations. While you need a good background with a good track record to attract high paying clients, that doesn’t stop you from continuing to be successful in the industry.

The truth is, a business is moderate start-up capital, and you can start a business from your home, office, or from a kiosk with one or two employees. You can be assured that your services will always be in demand by those looking to send money to other parts of the world, especially migrants looking to send money home.

  1. Open a naturopathic clinic

Another fast growing business that an investor should consider in Saudi Arabia is the naturopathic clinic. Naturopathy, which is a complementary medical practice, uses natural remedies to help the body heal itself. It includes many therapies including herbs, massage, acupuncture, exercise, and nutritional counseling.

This includes clinical nutritional science therapy, botanical medicines, homeopathy, physical medicine, physical therapy exercises, lifestyle counseling and hydrotherapy, and the use of water to treat a disorder. or disease.

  1. Open a  retail store for  beauty,  cosmetics and perfumes

Another easy way to start a business in Saudi Arabia is a cosmetics, beauty, and perfume store. Cosmetics stores offer a wide range of cosmetic products, from make-up to skin care, make-up and hair care products. Opening a cosmetics, cosmetics and perfume store is not difficult and not very capital intensive, especially if you decide to start small in your area. Getting the right brands that people want to buy and having good storage are the secrets of doing business.

  1. Open a casino

If you are looking for a business to set up in Saudi Arabia, you should consider opening a casino and gaming center. Opening a casino and gaming center in an area where there are a lot of players and gamblers but fewer casinos and gaming centers can be very profitable. While opening a casino and gaming center can be considered capital intensive, if you know how to run a business, you will surely get what you pay for. their investments.

  1. Bottled mineral water company

Another viable business that could be launched in Saudi Arabia is bottled mineral water. Mineral water is said to be water from a mineral spring that contains various minerals such as salts and sulfur compounds. Mineral water can also be bubbling / sparkling due to the gases it contains. Indeed, Saudi Arabia has a very large market for bottled mineral water due to the very hot weather in the country.

  1. Start a chicken factory processing business

As a budding entrepreneur, if you have the necessary start-up capital and possibly the necessary experience, you should consider starting your own chicken processing plant in Saudi Arabia. It is important to note that the chicken processing business cannot go out of fashion because people eat chicken every day.

Depending on the scale you want to start, the start-up capital for this type of business can vary from moderate to high. In fact, it is advisable to operate poultry near your chicken processing plant if you really want to maximize your profits in this business.

  1. Start a dairy farm

A dairy farm is another successful business to start in the United States of America. A dairy farm is, of course, a thriving and profitable business because of the health benefits of beef and milk. People eat beef, drink milk, and use fur and hides.

Cattle milk can be used to make cheese and other dairy products. Dairy farms mainly raise cattle for milk. While some livestock farms are involved in the sale of raw milk and exclude the production of fluid milk and processed dairy products such as butter, cheese and powdered milk.

  1. Start a business change office

The bureau de change is one of the successful and lucrative businesses in Saudi Arabia. A non-bank foreign exchange company, also known as a bureau de change, competes with other finance-related companies that profit from selling currencies at a higher exchange rate.

By setting exchange rates, they make sure to follow those quoted by competitors and may be subject to government currency controls and other regulations related to their country’s financial institutions.

  1. Start growing in greenhouses

Commercial greenhouse agriculture is undoubtedly one of the ideal businesses to start in Saudi Arabia, as greenhouse cultivation offers the possibility of better controlling the growing environment of different crops. Depending on the specifications and the design specifications of the greenhouse, some of the important factors that can be controlled include temperature, light and shade levels, irrigation, fertilization and air humidity, etc. .

Greenhouses are mainly used to overcome deficiencies in the growing qualities of the soil, such as a short growing season or poor lighting. Essentially, they are designed to improve food production in marginalized settings like Saudi Arabia.

  1. Open a private property management company

Wealth Management Firm is a team of professionals in a financial firm that manages clients’ assets; is a company that invests its clients’ funds in securities and other investment instruments with the aim of making a profit.

Private wealth management companies offer investors more diversification and investment opportunities than they might ever get, so you can rest assured that if you start your own private wealth management company in Saudi Arabia, your services will always be in demand not only by the rich. but also businesses and businesses that want their assets to be managed efficiently by professionals.

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51. Agriculture

The climate and soil in Saudi Arabia does not support many food crops. For this reason, most of the agricultural products consumed in Saudi Arabia are imported from neighboring countries. However, some food crops can still survive in the harsh environment of the country.

Examples include  wheat, date palms, and barley  . But the demand for these crops is always greater than the production. So, there is a lot of money to be made by cultivating these crops; even on a small or medium scale. In addition, you can set up a business that imports fresh agricultural products from neighboring countries.

52. Real estate

As the economy and population of Saudi Arabia continue to grow rapidly, the demand for housing and other structures is increasing. This creates a window of opportunity for real estate investors. So if you are running out of ideas on what type of business to start in Saudi Arabia, consider investing in real estate.

53. English teacher

Due to the growing understanding between Saudi Arabia and the West, there is an urgent need for Saudis to learn English to avoid language barriers in their interactions with the West.

To meet this need, the Saudi government has mandated the teaching of English in all primary and secondary schools. So if you are proficient in English and Arabic, you will be doing a lot of work as an English instructor and translator.

54. Fashion

The Saudis have a strong sense of fashion. Even their women who  wear  the  abayas  black in public, regularly buy fashion. However, Saudi men rarely wear Western clothes such as suits, pants, ties, etc. But women are diverse in their choices. Thus, the sale of clothing for men and women is a very lucrative business in Saudi Arabia.

55. Building materials

New buildings and structures appear every day in Saudi Arabia. And it goes without saying that this trend will increase demand from companies that manufacture and sell materials used in construction. If your budget is tight, you can start a business that supplies small building materials like blocks, nails, wires, pipes, etc. With more capital, you can move into production.

56. Processed foods

Since Saudi Arabia lacks fresh produce (  not due to the harsh climate  ), there is a demand not only for fresh fruits and foods, but also their processed forms. As an investor, you can import fresh produce and fruit, process them and sell them to a constantly buying population. Better yet, you can import processed foods directly.

57. Professional services

Only a few Saudis visit universities to study professional courses such as medicine and engineering. And this has led to a shortage of professionals as well as a huge demand for professionals who offer these services. If you have a strong engineering background or are a medical doctor (  like a certified doctor, nurse, or physiotherapist  ), you can make a lot of profit by offering your professional services in Saudi Arabia.

58. Honey and drinks

There is a huge demand for processed drinks and refined honey in Saudi Arabia. Thus, there are huge opportunities for companies that import or manufacture these products. Honey is consumed in Saudi Arabia for its therapeutic benefits. Almost all Saudi citizens receive it at least once a week. So you can imagine how profitable this sale would be.

59. Solar energy

To protect the environment from the dangerous effects of fuels, the Saudis are now increasingly focusing on using solar power as a source of energy. With a hot and sunny climate almost every day of the year, solar power is fast becoming the ideal food option in Saudi Arabia. So, there are opportunities for solar related business such as solar installation services, solar panel sales, etc.

6. Technical products

Saudi Arabia has seen growing demand for the latest technology products such as  PCs, tablets, smartphones  and other devices. Therefore, if you want to start a business in this country, importing and selling these products is a very profitable option.