Horizon Northgate Agreement marks a pivotal milestone in facilitating Swedish and Nordic business expansion into the Kingdom of Saudi Arabia. The leading Saudi business solutions company Horizon has announced a strategic cooperation agreement with Swedish firm Northgate, designed to streamline market entry for international companies while aligning with Vision 2030 objectives.
The partnership, signed in Jeddah in February 2026, establishes a comprehensive framework that extends beyond simple market facilitation. It encompasses long-term partnership building, reliable local implementation, and strategic operational and legal solutions that contribute to sustainable business growth throughout the Kingdom.
Strategic Partnership Framework
The Horizon Northgate Agreement was formalized by Abdulrahman Ahmed Sharbatly, CEO of Horizon, and Bilal Nasser, Co-Founder of Northgate and Head of MENA region, with Simon Brännstrom, Co-Founder of Northgate and Head of the Nordic Region, in attendance. This collaboration represents a practical bridge connecting global investments with Saudi Arabia’s dynamic business environment.
“This agreement is part of Horizon’s strategy to enhance the Saudi market’s attractiveness for high-value investments. Our partnership with Northgate reflects our commitment to acting as an effective bridge connecting global investments with the Saudi market through a comprehensive ecosystem.”
Abdulrahman Sharbatly, CEO of Horizon
Economic relations between Saudi Arabia and Sweden are experiencing rapid growth across key sectors including green transformation, innovation, healthcare, logistics, and smart manufacturing. The Saudi market has emerged as a preferred destination for Swedish companies, driven by growing confidence in the business environment and ongoing economic reforms.
Comprehensive Service Offerings
Northgate’s services under this agreement provide end-to-end support for Nordic companies entering the Saudi market. The comprehensive package includes business establishment, licensing and permits acquisition, partnership building, corporate structuring, market entry strategies, legal compliance, and risk management.
- Business setup and licensing procedures
- Strategic partnership development
- Corporate structuring and governance
- Market entry strategy formulation
- Legal compliance and regulatory navigation
- Connection to trusted local partner networks
“This partnership represents a pivotal step in supporting Swedish and Nordic companies in their expansion within the Kingdom. Northgate, in cooperation with Horizon, will provide practical solutions starting from market entry through to growth.”
Bilal Nasser, Co-Founder of Northgate
Vision 2030 Alignment
The collaboration directly supports Saudi Arabia’s Vision 2030 objectives by enhancing foreign direct investment flows and creating sustainable economic value. Horizon’s deep roots in the local ecosystem, combined with long-standing relationships across public and private sectors, enable the transformation of opportunities into actionable projects.
Simon Brännström emphasized that the Saudi market is undergoing profound economic transformation, creating significant opportunities for Nordic companies. However, success requires strong local execution and trusted institutional relationships, which this partnership delivers through Horizon’s established presence and expertise.
Future Outlook and Economic Impact
The agreement positions both companies to capitalize on the growing economic ties between Saudi Arabia and Nordic countries. With Saudi Arabia’s continued economic reforms and diversification efforts, the partnership is expected to facilitate numerous high-value investments in sectors critical to the Kingdom’s transformation, including tourism, hospitality, manufacturing, and technology.
Horizon Group, led by Khaled and Abdulrahman Sharbatly, maintains strong alliances with major entities such as Al Nahla Group and Samaco, enhancing its capacity to execute large-scale projects efficiently according to international standards. This institutional strength, combined with Northgate’s Nordic market expertise, creates a powerful platform for sustainable cross-border business development.
