Arab Press

بالشعب و للشعب
Monday, Aug 11, 2025

Al-Qasabi discusses Saudi-British partnership in strengthening e-commerce

The E-Commerce Council, in cooperation with the Joint Saudi British Business Council in London, organized on Thursday an event titled "The Role of E-Commerce in Strengthening the Saudi-British Economic Partnership", with the participation of a high-level Saudi delegation headed by Dr. Majid Al-Qasabi, Minister of Commerce and Chairman of the E-Commerce Council.
The Saudi delegation included representatives from 11 government agencies.

The event aimed to showcase the promising opportunities launched by the Kingdom’s Vision 2030, mainly in digital infrastructure, financial technology, electronic payment, logistics and transportation, last mile delivery solutions, as well as electronic services related to the quality of life such as e-health, e-learning, entertainment, games, and others, in addition to dealing with cooperation and bilateral partnership in light of the high growth achieved by e-commerce.

During the event, which was attended by Prince Khalid bin Bandar bin Sultan, Saudi Arabia’s Ambassador to the UK, and the Honorary President of the Saudi British Joint Business Council Baroness Symons from the British side, Al-Qasabi said the Kingdom is one of the top 10 developing countries in e-commerce, achieving an annual growth rate of more than 32%.

He stressed that strengthening the e-commerce business system is one of the goals of the National Transformation Program in support of achieving the Kingdom's Vision 2030, due to the importance of e-commerce and its role in strengthening the national economy.

For her part, Deputy Minister of Commerce and General Supervisor of the E-Commerce Council, Dr. Iman Al-Mutairi, addressed the most prominent reforms implemented by the Kingdom in e-commerce, in addition to the growth opportunities in the field, given the market growth that reached SR162 billion in 2021.

On Friday, the delegation will visit several business accelerators and incubators, most notably “techUK” concerned with trade and technology, which represents British government cooperation with around 350 members in various sectors with the aim of forming and accelerating trade policies. They will also visit LEVEL39, a center for innovation and a specialized businesses accelerator in Cyber ​​Security, Fintech, Retail, and Smart Cities.

The event was attended by representatives from the Saudi side including the Ministry of Commerce, the Ministry of Investment, the Ministry of Transport and Logistics, the Saudi Central Bank, the Communications and Information Technology Commission, Zakat, Tax and Customs Authority, Small and Medium Enterprises General Authority "Monsha'at", Saudi Data & AI Authority "SDAIA", the National Competitiveness Center, the Saudi Business Center, Saudi Post "SPL”, in addition to 120 company leaders from the two countries.
Newsletter

Related Articles

Arab Press
0:00
0:00
Close
Armenia and Azerbaijan to Sign US-Brokered Framework Agreement for Nakhchivan Corridor
British Labour Government Utilizes Counter-Terrorism Tools for Social Media Monitoring Against Legitimate Critics
WhatsApp Deletes 6.8 Million Scam Accounts Amid Rising Global Fraud
Texas Residents Face Water Restrictions While AI Data Centers Consume Millions of Gallons
India Rejects U.S. Tariff Threat, Defends Russian Oil Purchases
United States Establishes Strategic Bitcoin Reserve and Digital Asset Stockpile
Thousands of Private ChatGPT Conversations Accidentally Indexed by Google
China Tightens Mineral Controls, Curtailing Critical Inputs for Western Defence Contractors
JPMorgan and Coinbase Unveil Partnership to Let Chase Cardholders Buy Crypto Directly
British Tourist Dies Following Hair Transplant in Turkey, Police Investigate
WhatsApp Users Targeted in New Scam Involving Account Takeovers
Trump Deploys Nuclear Submarines After Threats from Former Russian President Medvedev
Germany’s Economic Breakdown and the Return of Militarization: From Industrial Collapse to a New Offensive Strategy
Germany Enters Fiscal Crisis as Cabinet Approves €174 Billion in New Debt
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
UN's Top Court Declares Environmental Protection a Legal Obligation Under International Law
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
Japanese Prime Minister Vows to Stay After Coalition Loses Upper House Majority
President Trump Diagnosed with Chronic Venous Insufficiency After Leg Swelling
Man Dies After Being Pulled Into MRI Machine Due to Metal Chain in New York Clinic
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
Iranian President Reportedly Injured During Israeli Strike on Secret Facility
Kurdistan Workers Party Takes Symbolic Step Towards Peace in Northern Iraq
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
AI Raises Alarms Over Long-Term Job Security
Russia Formally Recognizes Taliban Government in Afghanistan
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Mediators Edge Closer to Israel-Hamas Ceasefire Agreement
Germany Seeks Taliban Deal to Deport Afghan Migrants
Emirates Airline Expands Market Share with New $20 Million Campaign
Robots Compete in Football Tournament in China Amid Injuries
China Unveils Miniature Insect-Like Surveillance Drone
Marc Marquez Claims Victory at Dutch Grand Prix Amidst Family Misfortune
Iran Executes Alleged Israeli Spies and Arrests Hundreds Amid Post-War Crackdown
Trump Asserts Readiness for Further Strikes on Iran Amid Nuclear Tensions
Qatar Airways Clears Backlog of Passengers Following Missile Threats
Iran's Parliament Votes to Suspend Cooperation with Nuclear Watchdog
Trump Announces Upcoming US-Iran Meeting Amid Controversial Airstrikes
Trump Moves to Reshape Middle East Following Israel-Iran Conflict
NATO Leaders Endorse Plan for Increased Defence Spending
U.S. Crude Oil Prices Drop Below $65 Amid Market Volatility
“You Have 12 Hours to Flee”: Israeli Threat Campaign Targets Surviving Iranian Officials
Oman Set to Introduce Personal Income Tax, First in Gulf
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Trump Praises Iran’s ‘Very Weak’ Response After U.S. Strikes and Presses Israel to Pursue Peace
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
×