Question

Discuss the best funding options for Small and Medium Business Enterprises (SMEs) in Saudi Arabia to keep cost of capital optimum.

( 200 words , at least 170 words )

Thank you.

Answer 1

Answer-

Saudi Arabia is a country of opportunities and a country of big investors. The best funding options for small business enterprise in the country are mentioned below-

1. construction

A large number of people are working in the construction business and there is a lot of potential for the business enterprise to invest their hard earned money into this and earn a handsome amount.

2. Oil reserves

most of the rich people in Saudi must have oil reserves. The reason for that is most of the countries import oil from Saudi which ultimately gives a huge business opportunity for the business to grow and even expand.

3. Energy ( electricity)

There is a new development is the country for creating new electricity plants to produce electricty more efficiently and able to make it cheap. This is also a good sector to target as a business enterprise for investment purpose.

4. Real estate

The business of Real Estate is ever green if the government does not make any stubborn changes in the economy. Real estates is the business which succeeds in almost every country because the profit margin in very high. This is also a good option for small enterprises to invest their money.

5. Tourism

Tourism is also one of the ever green business in the market. It is always in the eyes of investors because there is a lot of earning potential in this industry as many people come to the country to explore many monuments.

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