The number of the licensed commercial bodies in the Kingdom of Saudi Arabia reached 543,000 in 1423H, according to a report of the Ministry of Commerce and Industry. The number of companies up to the end of 1423H reached 11,662, with a capital of more than SR. 171.4 billions.
The number of the offices providing services in various fields reached 4,959, while the number of trade agencies registered up the end of 1423H reached 7,958.
The Ministry of Commerce and Industry has been keen to license more hotels and apartments in different cities. The number of hotels now totals 861 and apartments account for 1,063 with a capacity of 142,000 rooms and 22,749 furnished units for the apartments.
