Saudi logistics sector soars, growth rate 76 per cent
The bulletin spotlighted key economic activities across diverse regions of the country
Dubai: The logistics services sector in Saudi Arabia achieves a growth rate of 76 per cent, totalling 11,928 registrations, establishing it as the leading sector according to the Business Sector Bulletin from the ministry of commerce, in Q2 this year.
The bulletin spotlighted key economic activities across diverse regions of the country.
The artificial intelligence (AI) sector also experienced growth, increasing by 53 per cent with 8,948 registrations.
Riyadh led with the highest number of registrations at 5,492, followed by Mecca with 1,789, the Eastern region with 939, Medina with 254, and Asir with 115.
Cloud-computing services demonstrated growth as well, with a 43 per cent increase resulting in 2,358 registrations compared to 1,648 in the same period last year.
Riyadh took the lead with 1,446 registrations, followed by Mecca with 473, the Eastern region with 272, Medina with 57, and Qassim with 25.
Moreover, the electronic games industry saw a 29 per cent rise in commercial registrations, totalling 336 in the second quarter of 2024 compared to 260 in the corresponding quarter of 2023.