Latest press releases
Read about AstroLabs in publications across the Middle East and find out how we are helping businesses expand to Saudi Arabia.
Reuters
AstroLabs contributes in Saudi's win over firms in regional race
March 29, 2021 6 min read
“I don’t personally see companies winding up their operations in Dubai and just moving to Saudi,” said Daniel Bateman at AstroLabs, which helps firms set up Saudi offices. “I can see a two-pronged attack on the Middle East ... where you have a strong presence in both the UAE and Saudi.”
Dubai Eye
AstroLabs discussing the new Saudi Arabia regional HQ ruling
February 20, 2021 8 min listen
AstroLabs founder Muhammed Mekki discusses the new ruling that Saudi Arabia is requiring organizations to have regional headquarters in the Kingdom if they wish to bid on government contracts.
Arab News
AstroLabs – the first international incubator accredited in the Kingdom
February 18, 2021 3 min read
AstroLabs, which has offices in Dubai, Abu Dhabi, Riyadh, and Jeddah has helped more than 100 companies set up in the Kingdom since 2018, the year it was given a foreign investment license by the Saudi government.
And Mekki expected another 110 firms to establish business operations in the country this year, “surpassing the total number we supported in the previous three years combined.”
AstroLabs reacts to Saudi move to cease working with companies with no local HQ
February 16, 2021 3 min read
AstroLabs has been helping businesses from abroad set up in Saudi Arabia for several years, becoming the first licensed international business incubator in the Kingdom in 2018.
Gulf News
In 2018 AstroLabs became the first international business incubator licensed in KSAT
December 10, 2020 8 min read
In 2018, AstroLabs expanded into the Kingdom from Dubai, becoming the first international business incubator licensed in Saudi Arabia and since then has assisted over 80 companies from around the world with their local setup process and soft landing office in Riyadh.
Arabian Business
Tech companies drive start-up surge into Saudi Arabia
September 15, 2020 5 min read
Tech companies are driving the influx of start-ups into Saudi Arabia, according to Muhammed Mekki, the co-founder of AstroLabs, which has been developing the digital ecosystem in the Middle East for the last seven years.
Arabian Business
Why Saudi Arabia could soon rival Dubai for fintech funding
September 14, 2020 5 min read
Saudi Arabia is witnessing “exciting growth” when it comes to funding fintech start-ups, according to Muhammed Mekki, founding partner of AstroLabs, which has been developing the digital ecosystem in the Middle East for the last seven years.
Zawya Arabic
أسترولابز تطلق Setupinsaudi.Com أول دليل إلكتروني للتوسع في المملكة العربية السعودية
September 13, 2020 3 min read
يتضمن موقع Setupinsaudi.com عملية الإعداد الكاملة المكونة من 16 خطوة ويوفّر بالتفصيل، كامل المتطلبات لإنشاء كيان مملوك بالكامل للأجانب في المملكة العربية السعودية.
AstroLabs launches setupinsaudi.com the first comprehensive online resource on how to expand into Saudi Arabia
September 6, 2020 3 min read
“Saudi Arabia is the largest economy in the MENA region in terms of its population and consumer spending. Driven by the government’s Vision 2030, the Kingdom offers a competitive and open business environment ...” said Muhammed Mekki, Founding Partner of AstroLabs.
AstroLabs' New Online Platform Eases Procedures For Setting Up Foreign Companies In Saudi Arabia
September 6, 2020 4 min read
The Set Up In Saudi platform, touted as the first of its kind in the region, provides users with a 16-step setup process, information on legal requirements, as well as the services of an operations team in Riyadh to manage end-to-end business processes.
All the steps and conditions you need to know to open a business in Saudi Arabia
September 3, 2020 5 min read
AstroLabs has been helping set up 400+ companies from around the world in the UAE and Saudi Arabia. It has just launched www.setupinsaudi.com, the first comprehensive online resource on how to expand into Saudi Arabia.
AstroLabs eases business set-up in Saudi Arabia with new portal
September 3, 2020 5 min read
A new online portal seeks to help entities looking to set up a 100 per cent foreign-owned operations in Saudi Arabia. Launched by business incubator AstroLabs, Setupinsaudi.com lists a 16-step setup process, information on requirements and offers an operations team in Riyadh to manage the entire set-up process for businesses.
Middle East Business
AstroLabs eases business set-up in Saudi Arabia with new portal
September 3, 2020 5 min read
A online portal seeks to help entities looking to set up a 100 per cent foreign-owned operations in Saudi Arabia. Launched by business incubator AstroLabs, Setupinsaudi.com lists a 16-step setup process, information on requirements and offers an operations team in Riyadh to manage the entire set-up process for businesses.
This Week in Fintech: TFT Bi-Weekly News Roundup
September 3, 2020 5 min read
Expanding into Saudi Arabia? AstroLabs has unveiled setupinsaudi.com to help companies set up 100 per cent foreign-owned entity in the Kingdom of Saudi Arabia. The online resource aims to simplify the complex business establishment procedure through a 16-step process.
Middle East Events
AstroLabs Launches setupinsaudi.com – The First Comprehensive Online Resource On How To Expand Into Saudi Arabia
August 31, 2020 5 min read
Founded in 2013, AstroLabs is a capability building company committed to developing the digital ecosystem of the MENA region through its academy, network of collaborative coworking communities and company establishment services in both the UAE and Saudi Arabia.
Magnitt
AstroLabs launches comprehensive online resource on how to expand into Saudi Arabia
August 30, 2020 5 min read
AstroLabs holds a unique status as the first international business incubator licensed in the Kingdom. In 2018, AstroLabs solidified a partnership with Saudi Arabia’s Ministry of Investment (previously SAGIA).
Alarabiya News
AstroLabs confirms a game changer for companies looking to expand to KSA
May 4, 2020 3 min read
“Companies seeking to expand into Saudi Arabia are [now] able to get their investment license without having to attest the documents. That’s a game changer for companies that we've been speaking with since that process is often time consuming and can also be costly,” said Muhammed Mekki, founding partner of AstroLabs, a foreign business incubator focused on Saudi Arabia.
Alarabiya News
Astrolabs becomes first foreign business incubator in Saudi Arabia
November 22, 2018 5 min read
Saudi Arabian General Investment Authority (SAGIA) has handed over the first foreign investment license in the field of business incubators and co-working space to Astrolabs, according to Saudi press Agency (SPA).
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