Saudi Arabia’s e-commerce sees 9.4 per cent increase

Dubai: Saudi Arabia’s e-commerce sector is experiencing growth, with 39,769 new businesses registered in the third quarter of this year, reflecting a 9.4 per cent increase compared to last year.

According to the latest data from the ministry of commerce, Riyadh topped the list with 16,274 registrations, followed by Mecca at 10,023 and the Eastern Province with 6,328. The regions of Medina and Qasim reported 1,897 and 1,302 registrations, respectively.

This growth underscores the Saudi Arabia’s shift toward a diversified, digitally driven economy, with e-commerce playing a vital role. Saudi Arabia now ranks among the top 10 countries worldwide for e-commerce expansion.

Additionally, the commercial sector saw a remarkable 62 per cent rise in the issuance of commercial records in the third quarter compared to the same period last year, as reported by the ministry of commerce.

Riyadh led with 53,150 registrations, followed by Mecca with 24,482 and the Eastern Province with 19,840. The Qassim and Asir regions recorded 6,973 and 6,542 registrations, respectively.

In total, 135,909 commercial records were issued over the last three months, raising the overall number of active commercial records in the country to over 1.5 million.

Almajed Oud shares rise by 30 per cent on debut at stock exchange. The company began trading on Tadawul today under the ticker symbol 4165

The Gulf Indians

Recent Posts

Death of the Dalit Nithin Raj – Institutional Muder

By Joseph Maliakan Nithin Raj 22, a dalit , son of Latha , a daily…

1 week ago

The SC order on Scheduled Caste Status of Dalit Muslim and Christian converts is Unconstitutional and Hasty.

By Joseph Maliakan You scratch an Indian, the caste comes out , irrespective of whether…

4 weeks ago

VBSA Bill 2025 : Goodbye to Autonomy of States in Higher Education

By Joseph Maliakan The Viksit Bharat Shiksha Adhishthan ( VBSA) ,Bill 2025 to replace the…

1 month ago

This website uses cookies.