Saudi Arabia’s Ministry of Commerce (MOC) announced on 13 August 2020 that it has fined 44 online sellers for breaches of the country’s E-Commerce Law 2019 which came into force in October of last year. The law’s related executive regulations were subsequently issued by the MOC in Janua...
The Ministry of Commerce in the Kingdom of Saudi Arabia signed a 3 year agreement deal with Wavetec to continue providing enhanced customer experience solutions to their users. The Ministry will be deploying more Wavetec Enterprise Queueing Solutions whi
of Investment of Saudi Arabia, and Yazeed Al-Shammari, MSA Partner on its Saudi Innovation Initiative, seeks to bolster economic cooperation and foster innovation across strategic sectors in the Kingdom, such as logistics, financial technology, core technology, healthcare, robotics, and ecommerce. ...
“Saudi Arabia conducts the largest number of electronic purchases in the GCC and the shift to e-commerce is mainly driven by the kingdom’s young population, increasing broadband and smartphone penetration rates, and the governm...
Najjar, Mitri J
China's Ministry of Commerce on Tuesday said the ministry will continue to give full play to the role of a roundtable meeting system for foreign-funded enterprises this year as good results have achieved since its establishment in July 2023. Since the establishment of the roundtable system more...
In order to ensure the smooth implementation of the guiding opinions and better promote the development of the financial leasing industry, the Ministry of Commerce will take five measures to implement it. First, we should work closely with the relevant departments in formulating the division of labo...
Tang Wenhong, assistant minister of the Ministry of Commerce: Since October, the monthly growth rate of import and export has turned positive. In October and November, it has achieved a decline from "four consecutive drops" to "two consecutive rises". The fourth quarter is the traditional peak...
Beijing, July 4 (Reporter Yu Jiaxin, Wang Yuxiao) The spokesman of the Ministry of Commerce said on the 4th thatthe US unilaterally imposes tariffs on Chinese exports to the United States is the starting point for Sino-US economic and trade frictions. The tariffs imposed by the US must be...
vibrant and fast-growing economy,” said Rich Trobman, Chair and Managing Partner of Latham & Watkins. “Saudi Arabia is a major hub for commerce, finance, and innovation, both within the Middle East and more widely, and the region represents an important pillar of our gl...