The Ministry of Commerce (MC; ) is a cabinet-level government ministry of

Saudi Arabia Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in Western Asia. It covers the bulk of the Arabian Peninsula, and has a land area of about , making it the fifth-largest country in Asia, the second-largest in the A ...

responsible for both commerce and investment sectors in the kingdom. Its responsibilities include the development and implementation of policies and mechanisms that govern the sectors of commerce and Investment. The current minister is

Majid bin Abdullah Al Qasabi Majid bin Abdullah Al Qasabi is the Ministry of Commerce (Saudi Arabia), Minister of Commerce and Ministry of Media (Saudi Arabia), Minister of Media of Saudi Arabia. Early life and education Majid Bin Abdullah Al Qasabi was born in Jeddah in 195 ...

who was appointed on 7 May 2016.

History

In 1954 a

Royal decree A decree is a legal proclamation, usually issued by a head of state (such as the president of a republic or a monarch), according to certain procedures (usually established in a constitution). It has the force of law. The particular term used for ...

was issued to establish the Ministry of Commerce to develop and regulate the internal and external commerce. In 2003, through a government reorganization, the Ministry of Commerce and Industry was established. later، In 2016, the Ministry of Commerce and Industry was amended to the Ministry of Commerce and Investment. On 25 February 2020, this ministry was renamed to Ministry of Commerce.

Structure

The Ministry has several agencies including: * Deputy Ministry for Consumer Protection * Deputy Ministry for Industry Affairs * Deputy Ministry for Foreign Trade * Deputy Ministry of Internal Trade * Deputy Ministry for Technical Affairs * Marketing and Communication Management * Administrative and Financial Affairs Management * Information Technology Management * General Directorate for Strategic Planning and Projects * Engineering Management

Commercial Attachés Offices

The Ministry also supervises commercial attachés offices worldwide with the aims of establishing and developing commercial relationships with other countries. In May 2018, Saudi Arabia appointed with

Samar Saleh Samar ( ) is the third-largest and seventh-most populous island in the Philippines, with a total population of 1,909,537 as of the 2020 census. It is located in the eastern Visayas, which are in the central Philippines. The island is divided in ...

the first woman to be a commercial attaché in Japan.

References

{{authority control 1954 establishments in Saudi Arabia

Commerce Commerce is the large-scale organized system of activities, functions, procedures and institutions directly and indirectly related to the exchange (buying and selling) of goods and services among two or more parties within local, regional, nation ...

Saudi