Ministry of Commerce news

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MC: Arts and Entertainment Registers in Asir grow by 69% during H1 2023

05 Sep 2023

 The Ministry of Commerce announced that the number of registers issued to arts, entertainment, and leisure sector in the Asir region has experienced a robust growth of 69% in the first half of 2023. The total number of commercial registrations reached 120, up from 71 during the same period in ... More

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Effective today… Commercial Complaint App and the 1900 Reporting Center ar ...

03 Sep 2023

​ Starting today, the Commercial Complaint  application and the 1900 Reporting Center are taking action on reports related to e-commerce businesses that are officially registered on the Business Platform under the Saudi Business Center. These businesses must possess valid e-commerce certif... More

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Al-Qasabi Concludes His Participation In The G20 Trade And Investment Minis ...

25 Aug 2023

 The Minister of Commerce and Chairman of the General Authority for Foreign Trade, Dr. Majid  Abdullah Al-Qasabi, has wrapped up his participation in the G20 Trade and Investment Ministers’ meetings in Jaipur, India, on August 24-25, 2023.During the two-day event, Al-Qasabi actively partic... More

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Al-Qasabi Meets with 12 Ministers and Officials on the Sidelines of the G2 ...

25 Aug 2023

 Over the last two days in India, Dr. Majid Abdullah Al-Qasabi, the Saudi Minister of Commerce and Chairman of the Board of Directors of the General Authority for Foreign Trade, participated in 12 separate meetings with ministers and officials from the G20 countries. These meetings took place o... More

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Al-Qasabi Outlines Features of Vision 2030 to Enhance Integration of Saudi ...

25 Aug 2023

 Al-Qasabi Participated in the G20 Trade and Investment Ministers' meetings held in India​Dr. Majid Abdullah Al-Qasabi, the Minister of Commerce and Chairman of the General Authority for Foreign Trade, represented Saudi Arabia at the G20 Trade and Investment Ministers' meetings on August 24-25,... More

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MC: A fine imposed on a business incorrectly claiming to possess an exclus ...

22 Aug 2023

 The Ministry of Commerce has imposed a financial penalty on one of the commercial establishments for violating the E-Commerce Law and its implementing regulations.One of the commercial establishments posted an electronic advertisement on its social media accounts for an electric shaving produc... More

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MC explains how to prepare financial statements for partnership and limite ...

22 Aug 2023

 The Ministry of Commerce has stated that the financial statements of both the partnership and limited partnership companies must be prepared by the shareholders or the company director, as stipulated in the company's articles of association or a separate agreement. Additionally, the Minis... More

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CM explains its services to businesses and consumers during Date Carnival ...

22 Aug 2023

 The Ministry of Commerce branch in the Qassim region took part in the Buraidah Date Carnival by establishing an educational booth that highlighted the services extended by the Ministry to businesses and consumers alike. The booth showcased an overview of the services provided to the busin... More

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MC Explains How Financial Statements of Joint-stock Companies are prepared ...

20 Aug 2023

 The Ministry of Commerce has provided guidelines for the creation of financial statements for joint-stock companies. This procedure entails the company's board of directors overseeing the preparation at the end of each fiscal year. It encompasses attaching a comprehensive report on the company... More

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MC: 2490 Inspection Rounds Conducted at Bookstore and Stationery Stores in ...

19 Aug 2023

 The Ministry of Commerce's inspection teams have undertaken 2,490 routine inspection rounds at various outlets, encompassing bookstore and stationery shops nationwide this week. This strategic effort has been meticulously timed to align with the commencement of the new school year.The primary ... More

Last Modified 05 Sep 2021
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