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Ministry of Commerce Clarifies the Key Benefits of the Ultimate Beneficial Owner (UBO) Rules
09 Dec 2025

 The Ministry of Commerce revealed the key benefits of the Ultimate Beneficial Owner (UBO) Rules, which define the UBO as the person — or persons of natural capacity — who has final, actual, dire...More

Memorandum of Understanding Between “Ministry of Commerce” and “Vegetation Cover Development” to Support Environmental Sustainability and Building Aff...
08 Dec 2025

 The Ministry of Commerce signed a memorandum of understanding with the National Vegetation Cover Development Foundation (Marooj) to support environmental sustainability, on the sidelines of the ...More

National Anti-Commercial Concealment Program Carries Out 4,242 Inspection Visits During November
08 Dec 2025

 The National Anti-Commercial Concealment Program conducted 4,242 inspection visits to combat commercial concealment across various regions of the Kingdom during November 2025, based on indicator...More

Minister of Commerce Issues Ministerial Resolution Approving the Beneficial Ownership Rules
08 Dec 2025

 His Excellency the Minister of Commerce, Dr. Majid bin Abdullah Al-Qasabi, issued Resolution No. (99) dated 05/06/1447 AH approving the Beneficial Ownership Rules, which define the beneficial ow...More

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