Saudi Arabia is experiencing a wave of tech-driven transformation, with the latest government data showing a 51% year-on-year increase in blockchain business registrations during the second quarter of 2025.
The rise brings the total number of registered blockchain-related companies in the Kingdom to more than 4,000, highlighting a powerful shift in the region’s innovation landscape.
According to the Ministry of Commerce’s latest Quarterly Business Sector Bulletin, the surge reflects broader momentum in the Kingdom’s digital economy, particularly in fast-growing verticals like blockchain, artificial intelligence, and big data.
The increase in registrations comes amid a flurry of regulatory reforms aimed at streamlining business setup and attracting high-value investment. These reforms, aligned with Vision 2030’s goals, are rapidly turning Saudi Arabia into a leading innovation hub for the Middle East.
Notably, GCC and international investor participation rose by 38%, highlighting growing regional confidence in the Kingdom’s tech ecosystem. Analysts point to improving regulatory clarity, rising access to digital infrastructure, and government support for emerging technologies as key factors fueling the sector’s growth.
One of the standout trends in the latest data is the role of women in the expanding tech sector. Women entrepreneurs accounted for 49% of all new commercial licenses issued during the quarter, a milestone that reflects shifting social dynamics and the government’s push toward greater gender inclusion in business.
This rise in women-led ventures is particularly visible in blockchain, fintech, and AI, where new companies are contributing to a more diverse and future-ready innovation ecosystem.
While global headlines often focus on the volatility of cryptocurrencies, Saudi Arabia’s growth story is rooted in practical applications of blockchain from digital identity management and supply chain transparency to financial inclusion and enterprise systems.
The boom in registrations suggests that blockchain is being embraced not just as a financial instrument, but as a core pillar of digital transformation across sectors.
