AstroLabs, the Gulf’s leading business expansion platform, has announced a deeper engagement with Al Rajhi Bank, the world’s largest Islamic bank by assets. This strategic partnership is a key move by AstroLabs to further streamline the market-entry journey for the global companies it supports in establishing a presence in Saudi Arabia. 🤝
Building a Seamless Expansion Journey
At the core of its mission, AstroLabs works to provide international firms with confidence as they navigate the Saudi market. This new partnership exemplifies that strategy. “Constructive engagement with leading institutions like Al Rajhi Bank helps align market needs and supports a smoother market-entry journey for global firms,” said Fouad Fattal, Vice President of Programs at AstroLabs. By forging alliances with key local players, AstroLabs is actively building a more integrated and supportive ecosystem for its clients.
A Strategic Alliance for Client Confidence
Through this collaboration, AstroLabs will coordinate with Al Rajhi Bank on crucial touchpoints for new businesses. This will provide AstroLabs’ clients with clearer visibility on essential milestones and operational timelines—a common challenge for companies new to the market. The partnership is designed to foster informed decision-making and ensure a higher level of readiness for international firms considering the Kingdom.
AstroLabs’ Role as a Central Ecosystem Enabler
This move reinforces AstroLabs’ position as a central enabler in the Kingdom’s evolving investment landscape. By proactively aligning with major financial institutions, AstroLabs is not only enhancing its service offering but also contributing to the national objectives of Vision 2030 to attract high-quality global investment. This practical alignment is becoming a critical driver for the continued maturation of Saudi Arabia’s business environment.
About AstroLabs
AstroLabs is the leading business expansion platform in the Gulf, supporting high-growth companies to set up, operate, and achieve full market integration in Saudi Arabia and the UAE. With over a decade of experience and a network of 10,000+ decision-makers, it has helped over 1,800 companies successfully enter, scale, and embed themselves within the region’s fastest-growing economies.
Source: AstroLabs Insight