Looking for Small and Venture Businesses to Lead the Second Middle East Boom

New Opening in Riyadh, Saudi Arabia
Recruiting Tenants for Global Business Center (GBC)

The Small and Medium Business Corporation (Chairman Kim Hak-do, hereinafter referred to as SBC) announced on the 12th that it is recruiting companies to move into the 'Riyadh Global Business Center (GBC)' scheduled to open within this year in Saudi Arabia.

The Riyadh GBC is planned to be located in 'Riyadh Front' near King Khalid International Airport in Saudi Arabia. Since the Saudi Arabian Public Investment Fund (PIF) and others are located in the same space, it is expected to help resident companies build local business networks.

Small and Medium Business Corporation

The Riyadh GBC will jointly select resident companies with the Saudi Ministry of Investment, focusing on technology-based small and medium enterprises, and will support local business registration, visa issuance, and account opening.

Kim Hak-do, Chairman of SBC, said, "Korea is a key partner in Saudi Vision 2030 and continues active exchanges with Saudi Arabia in various fields such as energy, manufacturing, ICT, and small and medium enterprises," adding, "With the establishment of the Riyadh Global Business Center, we will actively support our small and medium enterprises to become the main players in creating a second Middle East boom."

This content was produced with the assistance of AI translation services.