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The Ministry of Commerce announced the cancellation of approximately 39,000 sub-commercial registrations since the new Commercial Registration Law came into effect last April.
39,000 sub-commercial registrations, costing SR21 million, cancelled since April
Saudi Gazette reportRIYADH — The Ministry of Commerce announced the cancellation of approximately 39,000 sub-commercial registrations since the new Commercial Registration Law came into effect last April, representing 8.7 percent of the total sub-registrations.The cancelled registrations included 32,500 for establishments and 6,300 for companies. The cancellation of these registrations contributed to saving the private sector approximately SR21 million in financial costs over the past six months.The ministry's Business Sector Bulletin, issued on Tuesday, confirmed that the Commercial Registration Law facilitates business operations and reduces financial burdens on establishments. This was achieved by canceling the issuance of sub-registrations for establishments and companies by...
October 14, 2025

39,000 sub-commercial registrations, costing SR21 million, cancelled since April

The total number of commercial registrations issued by the Ministry of Commerce during the third quarter of 2025 has exceeded 128,000, of which women-owned businesses account for 49 percent.
Saudi women own 49% of total 128,000 commercial registrations issued in 3Q of 2025
Saudi Gazette reportRIYADH — The total number of commercial registrations issued by the Ministry of Commerce during the third quarter of 2025 has exceeded 128,000, of which women-owned businesses account for 49 percent. This brings the total number of commercial registrations across the Kingdom to more than 1.7 million. Among these commercial registrations, 48 percent belonged to women-owned businesses while 51 percent owned by young people, according to the Business Sector Bulletin for the third quarter of 2025 issued by the ministry.The Riyadh region topped the list of commercial registrations during the third quarter of the year with approximately 50,000 registrations. It was followed by the Eastern Province with more than 21,500 commercial registrations, Makkah with 19,400, Qassim...
October 14, 2025

Saudi women own 49% of total 128,000 commercial registrations issued in 3Q of 2025

Saudi Minister of Communications and Information Technology Eng. Abdullah Alswaha meets with Founder, Chairman and CEO of Meta Mark Zuckerberg in California.
Alswaha meets Zuckerberg and tech leaders in US to discuss strengthening partnerships in AI and future technologies
Saudi Gazette reportCALIFORNIA — Saudi Minister of Communications and Information Technology Eng. Abdullah Alswaha met with Founder, Chairman and CEO of Meta Mark Zuckerberg and other global technology company leaders during his current visit to the United States. This was part of the Kingdom’s efforts to enhance strategic partnerships in artificial intelligence (AI) and innovative digital solutions.During their meeting, Alswaha and Zuckerberg discussed partnership opportunities in AI, large language models (LLMs), the metaverse, and generative AI. It also addressed initiatives that support innovators and developers in a way that enhances national capabilities and helps consolidate the Kingdom’s leadership in future technologies.Alswaha also met with Adobe Chair and Chief Executive...
October 14, 2025

Alswaha meets Zuckerberg and tech leaders in US to discuss strengthening partnerships in AI and future technologies

Custodian of the Two Holy Mosques King Salman chairs the Cabinet session in Riyadh on Tuesday.
Saudi Arabia hopes Gaza Peace Summit would lead to Two-State Solution
Saudi Gazette reportRIYADH — The Council of Ministers expressed Saudi Arabia's hope that the Sharm El-Sheikh Peace Summit held on Monday would lead to the two-state solution with the establishment of an independent Palestinian state. Custodian of the Two Holy Mosques King Salman chaired the Cabinet session in Riyadh on Tuesday.In a statement to the Saudi Press Agency following the session, Minister of Media Salman Al-Dossary said that the Cabinet hoped that the Sharm El-Sheikh Summit for Peace, hosted by Egypt to address the war in the Gaza Strip, would strengthen efforts toward regional security and stability, alleviate the humanitarian suffering of the Palestinian people, and ensure a full Israeli withdrawal from Gaza. The Council pinned hope that the Summit would initiate...
October 14, 2025

Saudi Arabia hopes Gaza Peace Summit would lead to Two-State Solution

Described as a poetic road movie set in 2001, the film Hijra follows a grandmother traveling from the south of Saudi Arabia to Makkah with her two granddaughters for pilgrimage.
'Hijra' chosen Saudi Arabia’s official entry for Oscars in Best International Feature Film category
Saudi Gazette reportRIYADH — The Saudi Film Commission (SFC) announced that the feature film 'Hijra' has been officially selected to represent Saudi Arabia at the 98th Oscar Academy Awards in the Best International Feature Film category.The selection of Saudi filmmaker Shahad Ameen’s second feature film was made by a committee of prominent Saudi filmmakers and industry specialists, who reviewed and discussed the submitted films according to the Academy of Motion Picture Arts and Sciences (Oscars) standards, following a formal voting process.Described as a poetic road movie set in 2001, Hijra follows a grandmother traveling from the south of Saudi Arabia to Makkah with her two granddaughters for pilgrimage. This journey turns into a tragedy when Sarah, one of the...
October 14, 2025

'Hijra' chosen Saudi Arabia’s official entry for Oscars in Best International Feature Film category

United States President Donald Trump meets Saudi Minister of Foreign Affairs Prince Faisal bin Farhan in Sharm El-Sheikh on Monday.
Saudi FM represents Crown Prince at Gaza Peace Summit
Saudi Gazette reportSHARM EL-SHEIKH — On behalf of Crown Prince and Prime Minister Mohammed bin Salman, Saudi Minister of Foreign Affairs Prince Faisal bin Farhan attended the Gaza Peace Summit held in the Egyptian coastal resort city of Sharm El-Sheikh on Monday. More than 20 world leaders attended the summit, co-chaired by United States President Donald Trump and Egyptian President Abdel Fattah el-Sissi.Representatives of several other countries and international organizations were also present. The summit witnessed the signing of the Gaza Peace Deal that aimed to end the war in the Gaza Strip and enhance efforts to achieve peace and stability in the Middle East.At the outset of the summit meeting, the leaders welcomed the agreement reached by the parties to the conflict in the Gaza...
October 14, 2025

Saudi FM represents Crown Prince at Gaza Peace Summit

The Madinah Chamber of Commerce report noted that the tourism sector provides jobs for 11 percent of Madinah’s total workforce in the first quarter of 2025.
Tourism sector ranks 4th largest employer in Madinah region
Saudi Gazette reportMADINAH —Tourism is a major economic driver and ranks the fourth-largest employer in the Madinah region, according to a report of the Madinah Chamber of Commerce.The report noted that this vital sector provides jobs for 11 percent of Madinah’s total workforce in the first quarter of 2025. The report also highlighted Madinah's strong performance in the hospitality sector, which recorded the highest hotel occupancy rate in the Kingdom during the last quarter of 2024. The occupancy rate for serviced apartments reached 48.7 percent, demonstrating strong demand for hotel and tourism services.Madinah also ranks second in the Kingdom, after Makkah, in terms of the average length of stay, with visitors staying an average of four nights. These indicators reflect the...
October 13, 2025

Tourism sector ranks 4th largest employer in Madinah region

During the visit of Minister of Investment Khalid Al-Falih, Saudi Arabia and Tajikistan held the fifth session of the Saudi-Tajik Joint Governmental Committee and the second Saudi–Tajik Business Council Meeting.
Al-Falih meets Tajikistan president and PM to discuss strengthening strategic partnership
Saudi Gazette reportRIYADH — Minister of Investment Khalid Al-Falih led a high-level delegation comprising public and private sector officials on an official visit to Tajikistan on Monday.During the visit, Al-Falih met with President of Tajikistan Emomali Rahmon, Prime Minister Qohir Rasulzoda, several ministers, and a group of prominent Tajik business and financial leaders. The visit reflected the commitment of both Saudi and Tajik leaderships to strengthening the two countries’ investment relations and strategic partnership, with a focus on priority investment sectors and supporting their investors.On the sidelines of the visit, the two nations held the fifth session of the Saudi-Tajik Joint Governmental Committee and the second Saudi–Tajik Business Council Meeting. These meetings...
October 13, 2025

Al-Falih meets Tajikistan president and PM to discuss strengthening strategic partnership

Justice ministers of the Gulf Cooperation Council (GCC) states meet in Kuwait City for their 35th session on Monday.
GCC justice ministers discuss unified policy to enhance cooperation and combat cybercrime
Saudi Gazette reportKUWAIT CITY — Justice ministers of the Gulf Cooperation Council (GCC) states held their 35th meeting in Kuwait, with the participation of Saudi Minister of Justice Dr. Walid Al-Samaani. Several common judicial issues were discussed with the aim of enhancing legal cooperation among GCC states.The meeting discussed the development of a unified Gulf policy for cooperation between justice ministries, as well as the draft unified rules for combating cybercrime. This will contribute to the development of the Gulf justice system and coordinate efforts to address emerging legal challenges. The meeting also addressed several topics on the agenda, aimed at enhancing judicial integration and supporting joint legal action across the GCC states.During the opening session, Kuwaiti...
October 13, 2025

GCC justice ministers discuss unified policy to enhance cooperation and combat cybercrime

During the six-day meetings, Minister of Finance Mohammed Al-Jadaan and Governor of the Saudi Central Bank Ayman Alsayari will participate in the Fourth G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting, held under the South African Presidency.
Al-Jadaan leads Saudi delegation attending WBG–IMF 2025 Annual Meetings from Monday
Saudi Gazette reportWASHINGTON — Minister of Finance Mohammed Al-Jadaan leads Saudi Arabia’s delegation attending the World Bank Group (WBG) and International Monetary Fund (IMF) 2025 Annual Meetings, which will begin on Monday in Washington D.C.The Saudi delegation includes Governor of the Saudi Central Bank (SAMA) Ayman Alsayari; Assistant Minister of Finance for Macro-Fiscal Policies and International Relations Eng. Abdullah Bin Zaraah; Deputy Chair of the International Monetary and Financial Committee (IMFC) Dr. Ryadh Alkhareif; Deputy Minister of Finance for International Affairs Khalid Bawazier; CEO of the Saudi Fund for Development (SFD) Sultan Almarshad; CEO of the National Debt Management Center (NDMC) Hani Almedaini; SAMA’s Assistant Governor for Monetary Affairs Talal...
October 13, 2025

Al-Jadaan leads Saudi delegation attending WBG–IMF 2025 Annual Meetings from Monday

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