The Federation of Saudi Chambers (FSC) today announced the launch of the International Business Concierge (IBC), a new initiative designed to help international companies move more efficiently from exploring opportunities in Saudi Arabia to establishing and growing a long-term presence in the Kingdom.
Saudi Arabia has recorded significant growth in international investment over the past decade, supported by wide-ranging economic reforms, an increasingly competitive business environment and expanding opportunities across priority sectors. Official Vision 2030 reporting shows foreign direct investment inflows rising from US$7.5 billion in 2017 to a preliminary US$35.5 billion in 2025, while FDI stock increased from US$133.8 billion to US$293.3 billion over the same period.
As the Kingdom enters the next phase of Vision 2030, the opportunity is to build on this momentum and further accelerate the conversion of global investor interest into sustained economic participation. IBC has been established to support this next phase by creating a more connected pathway for international businesses seeking to enter, operate and expand in Saudi Arabia.
Through its network of 103 Business Councils and 26 Chambers of Commerce across the Kingdom, FSC provides a bridge between Saudi businesses and international business communities. IBC extends that role by connecting investment interest with the practical and seamless steps required to establish and grow in the kingdom.
Eng. Sultan bin Mohammed Al-Musallam, Secretary General of the Federation of Saudi Chambers, said:
“Saudi Arabia has built strong momentum as a global investment destination, supported by the ambition and reforms of Vision 2030. The next phase is about building on that progress and enabling more international companies to translate opportunity into lasting economic participation in the Kingdom. Through the International Business Concierge, we aim to provide a more connected pathway into Saudi Arabia’s business ecosystem and support investments that create long-term value, partnerships and opportunities.”
Mahesh Shahdadpuri, Founder & Group Chairman, TASC Group, said:
“The scale of international interest in Saudi Arabia is significant. IBC is designed to help convert that interest into successful establishment and growth by connecting the stages of the investor journey more effectively. TASC Group enables IBC by contributing practical operating experience behind that journey, supporting the wider objective of enabling international businesses to build sustainable operations in the Kingdom.”Fin
