Dubai Cashless Strategy exceeds 2026 targets UAE to participate in World Bank Group and IMF Annual Meetings in Bangkok UAE President receives phone call from Canadian Prime Minister Etihad Rail putting UAE’s property market on a new track, says expert Sharjah recorded 45% growth in FDI projects in 2025 Saudi Arabia plans IPO, short-selling reforms within 90 days: CMA NBB expands Bahrain real estate partnerships with two new deals His Majesty Sultan Haitham reviews economic, investment projects at SEZ in Duqm Ras Al Khaimah Chamber, Greater Miami Chamber of Commerce strengthen trade, investment ties Saudi ranks among world's top countries in trade indicators UAE deploys $272mln fund to bolster critical industries Etihad Rail, AD Ports launch direct Fujairah-Abu Dhabi freight service Sharjah-Oman logistics corridor cargo value jumps 66% to $463mln Saudi Arabia seeks greater private-sector role in industrial growth Oman Islamic banking assets top over $24bln Salama, Ajman Bank establish strategic partnership CBUAE, Mastercard conclude programme to strengthen national capabilities in fraud risk management Qatar Chamber enhances trade relations with Malaysia's Malacca State Saudi business confidence climbs to 56.7 points on industry, services gains Qassim Cement to acquire 100% of A-Mix for $17.3mln Oman, US discuss financial crime cooperation Saudi's HADAF invests $522mln through 26 strategic partnerships to train, employ 16,000 citizens Qatar, North Macedonia sign agreement to strengthen cooperation in labour sector Sharjah draws investment projects worth $2.1bln in 2025 Saudi Arabia records $1.54bln in POS transactions in one week UAE non-oil growth hits fastest pace since December 2024, PMI shows Oman’s non-oil exports rise 11.4% to $9.3bln, re-exports jump 20% UAE participates in second G20 Finance Ministers and Central Bank Governors meeting Saudi Arabia and Syria sign 4 pacts to boost cooperation in transport and logistics sectors Geological assets drive mining, manufacturing growth in Fujairah

Log in

عربي

Media Centre

Home » Media Centre

Saudi Arabia sees 51% surge in blockchain business registrations by Q2 2025

Saudi Arabia sees 51% surge in blockchain business registrations by Q2 2025

Saudi Arabia sees 51% surge in blockchain business registrations by Q2 2025

Jul 10, 2025

RIYADH — Saudi Arabia recorded a 51% year-on-year increase in business registrations for blockchain technologies by the end of the second quarter of 2025, according to figures released Tuesday by the Ministry of Commerce.

The number of active blockchain business records rose to 4,005, up from 2,644 in the same period last year, as the Kingdom continues its push to diversify the economy and foster technological innovation under Vision 2030.

Riyadh led all regions with 2,463 registered businesses, followed by Makkah with 806, the Eastern Province with 430, Madinah with 104, and Al-Qassim with 51.

The Ministry of Commerce said the growth reflects rising interest among entrepreneurs and firms in adopting advanced digital solutions, and shows growing confidence in Saudi Arabia’s regulatory frameworks and infrastructure for emerging technologies like blockchain.

The Kingdom has positioned itself as a regional hub for technology and innovation, with increased support for fintech, AI, and blockchain as part of broader digital transformation goals.