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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 ...
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.
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 ...
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.
In addition to its functions, the Saudi Central Bank controls SAMA Foreign Holdings, the sovereign wealth fund of Saudi Arabia. The fund is the third largest sovereign wealth fund in the world, with assets of over $700 billion. [15] In October 2015, Governor Fahad Abdullah Al-Mubarak of the Saudi Central Bank was ranked #2 on the Public ...
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The SAGIA played a key role in Saudi Arabia's Vision 2030 initiative, which focused on economic liberalization, foreign direct investment, and economic development. [7] In 2017, SAGIA launched Tayseer program, aimed at improving the investment climate for private companies. [8] SAGIA has signed a number of major non-oil investment agreements. [7]