The Ministry of Commerce released its quarterly business sector summary for the fourth quarter of 2024, including a look at the performance of the business sector and its developments in the Kingdom.
Ministry of Commerce
The total number of records issued in the fourth quarter of this year compared to the same quarter last year increased by one percent. The Ministry of Commerce explained that the total records issued in the fourth quarter of this year compared to the same quarter last year increased by 67% as more than 160 thousand commercial records were issued during the past three months, bringing the total number of commercial records to more than 1.6 million commercial records in all regions of the Kingdom.
Ministry of Commerce <The bulletin highlighted the development in promising sectors, highlighting the growth of commercial records in the activities of: Cloud computing services, application development, fintech solutions, tourism trips, entertainment events, talent development and other promising activities in the Kingdom's Vision 2030.
The bulletin highlighted the growth in promising sectors and highlighted the growth of business records in the following activities. Commercial records for e-commerce, which represents an important tributary to the national economy, grew 10%, compared to the same quarter last year, with a total of 40,953 commercial records.
The report also addressed the commercial records for e-commerce, which represents an important tributary to the national economy, as it grew 10%, compared to the same quarter last year.








