Ventures Grew in 2025, 2.5 Times the Number of Firms in 2020: EnterpriseSG
Why It Matters
The push gives Singapore companies early access to multi‑billion‑dollar Gulf projects, creating export opportunities, jobs and skills transfer while positioning them to capture rising e‑commerce and consumer demand across the region. Strong early wins and logistics expansion suggest sustained commercial upside if regulatory frictions can be managed.
Summary
Enterprise Singapore is boosting Singapore firms’ expansion into the Middle East through a new Singapore Enterprise Centre in Dubai, which aims to run about 150 advisory sessions and support 30 projects this year across infrastructure, real estate and tech-driven services. Singapore companies are already winning contracts in Saudi Arabia’s massive Kadiyah City development and scaling logistics and e‑commerce operations—SATS opened a Riyadh terminal adapted for harsher conditions and saw cargo volumes rise 12% year‑on‑year, with plans for a Jeddah hub. In the UAE, a remanufacturing firm is expanding in a free trade zone to refurbish up to six million devices annually to serve customers across the Middle East, Europe and Africa. Enterprise Singapore says pairing firms with local partners will help navigate regulatory and bureaucratic hurdles as the region pivots from oil to diversified tourism, urban and tech-driven projects.
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