Saudi business refers to the commercial activities and economic practices within the Kingdom of Saudi Arabia. The economy is heavily influenced by oil exports, which account for a significant portion of the country's revenue. In recent years, the government has been diversifying its economy through initiatives like Vision 2030, aiming to reduce dependence on oil and promote sectors such as tourism, entertainment, and technology. The business environment in Saudi Arabia is characterized by a mix of traditional practices and modern regulations. Foreign investment is encouraged, with various incentives provided to attract international companies. The Saudi Arabian General Investment Authority (SAGIA) plays a key role in facilitating and regulating foreign investments, ensuring a more open and competitive market.