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Saudi Arabia s new corporate law supports family firms, SME investments: Official

RIYADH: The new Saudi Companies Law will play a pivotal role in providing an incubating and stimulating environment for investment, especially in family businesses and small and medium enterprises, according to the chairman of the National Center for Family Enterprises. The new law facilitates procedures and regulatory requirements to stimulate the business environment and

Pandemic caused drastic shift in region s e-commerce, say major retailers

JEDDAH: The coronavirus pandemic led to “drastic” changes in the e-commerce sector, as users embraced digital payments, were forced to buy staple food items online and invested in products to make working from home easier, according to leading retailers in the Kingdom. “About a year ago, cash on delivery was basically stopped by law and customers had to force themselves to

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