Ministry of Commerce news

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Al-Qasabi and Al-Jadaan participate at joint meeting of committees on comme ...

09 Sep 2018

 The Gulf Cooperation Council (GCC) Ministers of Commerce and Finance held a joint meeting of the Committee on Commercial Cooperation with the Committee on Financial and Economic Cooperation. H.E. Dr. Majid Abdullah Al-Qasabi, Minister of Commerce and Chairman of the Board of Directors of ... More

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New Companies Law offers facilities to small businesses and entrepreneurs

29 Jan 2023

 The New Companies Law and its implementing regulations have made it easier for small and microenterprises to meet all of their expansion and growth needs. The law has streamlined the incorporation process and given businesses more freedom to include special provisions and conditions in their a... More

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New Companies Law enhances growth and sustainability of family-owned busine ...

22 Jan 2023

​It regulates equity, management of governance, employment of relatives and settlement of disputes As a result of the New Companies Law and its Implementing Regulations, family-owned businesses are now more stable and sustainable. Partners or shareholders can now conclude a family charter to re... More

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Companies Law Implementing Regulations were prepared in compliance with glo ...

19 Jan 2023

 The New Companies Law Implementing Regulations have been established in accordance with global best practices. They contain numerous provisions that contribute to the growth and expansion of existing companies and maintain the framework for ensuring their sustainability, thereby boosting the i... More

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Minister of Commerce names six members in Taif Chamber of Commerce’s Board ...

11 Jan 2023

 Dr. Majid Abdullah Al-Qasabi, Minister of Commerce, issued a decision appointing six members to the Taif Chamber of Commerce's Board of Directors. The members are:  Faisal Hussein Omar Al-Qurashi, Ghadeer Muhammad Abdullah Al-Shehri, Muhammad Hamad Ali Al-Dajani, Maan Abdullah Bakr Qa... More

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MC and CMA: New Companies Law and its implementing regulations will go into ...

19 Jan 2023

 The Ministry of Commerce (MC) and the Capital Market Authority (CMA) announced that the New Companies Law and its implementing regulations will go into effect as of today (Thursday) 26 Jumada Al Thani 1444 H corresponding to  January 19th, 2023.The MC and the CMA emphasized that the New C... More

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MC announces names of four winners of Almekhwah Chamber's elections

05 Jan 2023

​ The Supervisory Committee of the Almekhwah Chamber of Commerce's Board of Directors elections has announced the names of four winners in the elections held Wednesday evening. The winners are:    Ahmed Saeed Hussein Al-Omari received 53 votes, Aidan Ali Saeed Al-Zahrani earned 50... More

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MC and CIMA explain how the new Companies Law will be implemented

04 Jan 2023

 The Ministry of Commerce (MC) and the Capital Market Authority (CMA) clarified the mechanism for implementing the new Companies Law today, 11/06/1444 H corresponding to 04/01/2023. This comes in line with the MC and CMA's joint efforts to achieve integration and harmony while implementing the ... More

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MC: Eleven candidates compete to win four seats in Almekhwah Chamber elect ...

03 Jan 2023

The voting process in the elections of the Board of Directors of the Chamber of Commerce in Almekhwah for the session (1444 H-1448H) commenced Wednesday morning at 8:00 am.The session will last until eight o'clock Wednesday evening, according to the new Chambers of Commerce Law, which aims to en... More

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MC: An establishment's commercial register can only be canceled via Saudi B ...

29 Dec 2022

The Ministry of Commerce said a commercial register of any establishment can only be canceled via the Saudi Business Center’s Unified Platform, which may be accessed at https://www.saudibusiness.gov.sa​. The platform will serve as the sole information hub for business sector services in the enti... More

Last Modified 05 Sep 2021
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