Logo of Ministry of Commerce
Saudi Arabia’s Ministry of Commerce revealed that advertising agencies’ commercial registrations increased by 19% during the third quarter of 2023, to stand at 11,782, compared to 9,879 in Q3 2022.
Region wise, Riyadh topped the list with 5,523 commercial registrations, accounting for 47% of the total, followed by Makkah (3,002), and Eastern Province (1,422).
Madinah (453) and Asir (389) placed fourth and fifth, respectively.
Q3 2023 Commercial Registrations by Region |
||
Region |
No. of Registers |
Percentage |
Riyadh |
5523 |
47% |
Makkah |
3002 |
25% |
Eastern Province |
1422 |
12% |
Madinah |
453 |
4% |
Asir |
389 |
3% |
Other |
993 |
8% |
Total |
11782 |
100% |
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