Middle East

Alca Sabi discusses Saudi Arabia-UK partnership in strengthening e-commerce

RIYADH — The E-Commerce Council, in collaboration with the Joint Saudi UK Business Council in London, hosted an event on Thursday entitled “The Role of E-Commerce in Strengthening the Economic Partnership between Saudi Arabia and the UK”. A Saudi delegation at the level led by Dr. Majid Alca Sabi, Minister of Commerce and Chairman of the E-Commerce Council.

The Saudi delegation included representatives of 11 government agencies.

The event is a promising opportunity launched by Kingdom’s Vision 2030, primarily in quality of life-related electronic services such as digital infrastructure, financial technology, electronic payments, logistics and transportation, last mile delivery solutions, and e-. The purpose is to introduce. In addition to dealing with cooperation and bilateral partnerships in the light of the high growth achieved by e-commerce, including health, e-learning, entertainment and gaming.

During an event attended by Prince Khalid Bin Bandar bin Sultan, the British Ambassador of Saudi Arabia, and Honorary Chairman of the Saudi Arabia Joint Business Council Baroness Simmons from the British side, Alca Sabi is the kingdom of e-commerce developing countries. At 10, we have achieved an annual growth rate of over 32%.

He emphasizes that strengthening the e-commerce business system is one of the goals of the National Transformation Program to help achieve the Kingdom’s Vision 2030 because of the importance of e-commerce and its role in strengthening the national economy. bottom.

On her side, Dr. Iman al-Mutairi, Deputy Minister of Commerce and General Supervisor of the E-Commerce Council, is the most prominent carried out by the Kingdom in e-commerce, in addition to growth opportunities in a given field. Worked on reforms. Market growth reached 162 billion SR in 2021.

On Friday, the delegation will visit several business accelerators and incubators. Especially related to trade and technology, “tech UK” represents the UK Government’s cooperation with about 350 members in various sectors aimed at shaping and accelerating trade policy. We will also visit LEVEL 39, a center of innovation and a professional business accelerator for cybersecurity, fintech, retail and smart cities.

The event was attended by representatives from the Saudi side, including the Ministry of Commerce, Ministry of Investment, Ministry of Transport and Logistics, Saudi Central Bank, Communications and Information Technology Committee, Zakat, Customs Department, and SMEs. Enterprises General Authority “Monsha’at”, Saudi Data & AI Authority “SDAIA”, National Competitiveness Center, Saudi Business Center, Saudi Post “SPL”, and 120 corporate leaders in both countries. — SPA

https://saudigazette.com.sa/article/621016/SAUDI-ARABIA/Al-Qasabi-discusses-Saudi-British-partnership-in-strengthening-e-commerce?ref=rss&format=simple&link=link Alca Sabi discusses Saudi Arabia-UK partnership in strengthening e-commerce

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