SPA – Dammam:
His Royal Highness Prince Saud bin Nayef bin Abdulaziz, Governor of the Eastern Region, confirmed that the successive developments in the regulations and legislation achieved by the Ministry of Commerce is a quantum leap, and that it is not the end, but rather the beginning of achieving more achievements, and an extension of the Kingdom’s Vision 2030 approved by the Custodian of the Two Holy Mosques. And adopted by His Highness the Crown Prince to lead the country to a vibrant and prosperous economy.
This came during His Highness’s reception in the “Two-Day” Council at the emirate’s headquarters yesterday, Their Highnesses, Eminence, Excellencies, directors of government agencies, businessmen in the region, a group of citizens, and a number of leaders of the Ministry of Commerce who, during the meeting, clarified the new corporate system that was recently implemented in the Kingdom.
His Highness said, “The Kingdom’s policy stems from the development of people and places and the facilitation and facilitation of people’s affairs. Evidence for this is the great speed in the procedures for registering companies, as it takes only about 30 minutes. This development is in the interest of the country’s economy in general, and the eastern region in particular. Because it is an area full of work », noting the measures taken by the ministry aimed at facilitating the business and finance sector, in addition to the importance of visits by the leaders of the Ministry of Commerce to businessmen and chambers of commerce in order for everyone to cooperate to achieve the public interest in this vital sector and within the framework of procedures Facilitation carried out by the Ministry of Commerce.
And he stated that the business and finance sector is the most vital and dynamic sector, and therefore this sector finds the greatest interest from the wise leadership – may God support it – due to the vital role it plays. It also enjoys the follow-up of His Excellency the Minister of Commerce, Dr. The ministry’s services are witnessing, looking forward to more measures that will reflect positively on the business and finance sector at the same pace followed in cooperation with businessmen and chambers of commerce.
His Highness, the Emir of the Eastern Region, added that the electronic services in the Kingdom have made many qualitative leaps, especially the services in the “Absher” platform of the Ministry of Interior, which integrates with the rest of the sectors, including the trade sector, and has developed in an unprecedented way, as the individual or business entity can complete all transactions easily. And electronically without the need to review the competent authorities, and the Kingdom has surpassed many developed countries in this regard in terms of the speed of completing transactions.