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The German internet company Rocket Internet took an initial step into Pakistan's e-commerce sector with the establishment of Daraz.pk in July 2012. [19] Following a positive reception in Pakistan with its first e-commerce venture, Rocket Internet expanded its operations in Pakistan to over 30 active websites in 2015, the widest known being Kaymu.pk, Foodpanda.pk and Daraz.pk. [20] In a recent ...
Although she believes that the guardianship system needs to be reconsidered, she thinks that Absher is an important step towards facilitating women-guardians related issues in Saudi Arabia. [21] Absher manager Atiyah Al-Anazy announced in 2019 that two million women were using the application in Saudi Arabia to facilitate their transactions. [22]
In an assessment undertaken by the United Nations e-Government Survey, Riyadh, Saudi Arabia, was ranked the 30th among 40 other cities. [4] In August 2019, Saudi Arabia announced a royal decree to establish the Saudi Authority for Data and Artificial Intelligence to support the innovation and digital transformation in the country.
'Extend', formerly SPAN) is the major payment system in Saudi Arabia. Established by Saudi Central Bank (SAMA), it connects all ATM and point of-sale (PoS) terminals throughout the country to a central payment switch, which in turn re-routes the financial transactions to the card issuer (local bank, Visa, American Express or MasterCard).
The Ministry of Commerce (MC; Arabic: وزارة التجارة) is a cabinet-level government ministry of Saudi Arabia responsible for both commerce and investment sectors in the kingdom. [1] Its responsibilities include the development and implementation of policies and mechanisms that govern the sectors of commerce and Investment. [1]
The General Authority of Zakat, Tax, and Customs (ZATCA) (Arabic: هيئة الزكاة والضريبة والجمارك) is a government agency under the Ministry of Finance in Saudi Arabia that is responsible for the assessment and collection of taxes and zakat, a form of obligatory almsgiving in Islam.
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The CMA is a government organization applying full financial, legal, and administrative independence, and has direct links with the Prime Minister. Its responsibilities include setting and policing financial rules and regulations and developing the capital markets, this includes regulating the Tadawul, Saudi Arabia's stock exchange. CMA is the ...