Feasibility Study (دراسة جدوى) — AI-Powered
Everything you need to create a feasibility study accepted by Saudi banks, Monsha'at, and SIDF — in hours, not weeks.
What Is a Feasibility Study (دراسة جدوى)?
A feasibility study (دراسة جدوى) is a comprehensive analysis that evaluates whether a business idea is viable — from market demand and technical requirements to financial projections and legal compliance. In Saudi Arabia, it is required by most banks and investors before financing a new venture, and is a prerequisite for many government support programs including Monsha'at and SIDF loans. It also forces founders to stress-test their assumptions before committing resources.
6 Steps to Create a Feasibility Study in Saudi Arabia
- 1
Define Your Business Concept and Objectives
Clearly articulate what your business does, who it serves, and what problem it solves. Document your mission, unique value proposition, and the specific questions the feasibility study must answer.
- 2
Research Your Target Market
Gather market size, growth rates, and demand data from authoritative sources. In Saudi Arabia, rely on GASTAT, Monsha'at SME benchmarks, and Vision 2030 sector reports. Define your TAM, SAM, and SOM with credible numbers.
- 3
Assess Technical Requirements and Operations
Map out everything your business needs to operate: premises, equipment, technology, supply chain, and human resources. Identify capacity constraints and any sector-specific certifications required.
- 4
Build Financial Projections with Multiple Scenarios
Create three-year P&L, cash flow, and break-even projections under conservative, realistic, and optimistic scenarios. Murtakaz automates this step, generating three calibrated scenarios with full financial statements in SAR.
- 5
Evaluate Legal and Regulatory Requirements
Identify the correct Commercial Registration activity type, calculate Saudization (Nitaqat) obligations, and check ZATCA requirements for VAT and e-invoicing. Review Vision 2030 regulatory incentives relevant to your sector.
- 6
Compile and Present to Stakeholders and Investors
Assemble all sections into a coherent document with a clear executive summary. Ensure the study is available in both Arabic and English to satisfy both local Saudi banks and international investors.
AI Feasibility Study vs Traditional Consultant
| Factor | Murtakaz (AI) | Traditional Consultant |
|---|---|---|
| Cost | SAR 0–500 / month | SAR 30,000–100,000 |
| Delivery Time | 2–4 hours | 6–12 weeks |
| Languages | Arabic + English simultaneously | One language per engagement |
| Financial Scenarios | 3 automatic scenarios | 1 base case (extras cost more) |
| Revisions | Unlimited — regenerate instantly | 2–3 rounds; extras billed hourly |
Frequently Asked Questions
Do Saudi banks accept AI-generated feasibility studies?
Yes. The content and depth of the study matters more than its source. An AI-generated study that includes all required sections meets the same standards as a consultant-prepared one.
Do Monsha'at and SIDF require a feasibility study?
Yes. SIDF and most Saudi commercial banks require a formal feasibility study as part of their SME financing application. Monsha'at support programs also use it as an eligibility checkpoint.
What is the difference between a feasibility study and a business plan?
A feasibility study asks 'should we do this?' — it evaluates viability before committing resources. A business plan asks 'how will we do this?' — it maps execution once viability is confirmed.
How much does a feasibility study cost in Saudi Arabia?
Traditional consultants charge SAR 30,000–100,000 and take 6–12 weeks. With Murtakaz you get a professional AI-powered feasibility study in hours for under SAR 500/month.
Create Your Feasibility Study with Murtakaz
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