Saudi Arabia’s e-commerce sector is on track for substantial growth, with revenues projected to hit SR260 billion (approximately $69.33 billion) by 2025, according to Commerce Minister Dr. Majed Al-Qasabi. During a visit to the Al-Baha region, the minister emphasized the increasing momentum in online shopping, noting that over 50 million e-commerce shipments entered the kingdom in 2023 alone.

Dr. Al-Qasabi also highlighted the growing role of delivery applications, which processed 190 million orders in 2022, highlighting the expanding consumer shift toward digital retail platforms.

Speaking at Al-Hussam Hall for Exhibitions and Conferences, Commerce Minister Dr. Majed Al-Qasabi highlighted that the Ministry has updated 110 trade-related laws and regulations. He also announced that a new consumer protection law is nearing completion, designed to address emerging challenges faced by consumers.

During the session, Al-Qasabi emphasized that success is a product of the collaborative efforts between the local chamber of commerce and the community. He praised the region’s rich natural resources and strategic location, pointing out its potential in key sectors like mining, agriculture, and tourism.

He also noted a significant 8.5% growth in commercial registrations in Al-Baha over the past five years, bringing the total to 12,900. Contracting, he added, emerged as the leading sector, highlighting the region’s expanding business activity.

Dr. Majed Al-Qasabi noted that over 9,700 inspection visits were conducted last year, and more than 7,200 commercial reports were addressed. He announced the opening of the 19th branch of the Saudi Business Center in Al-Baha to streamline government services and engineering procedures for businesses. The center collaborates with 70 government agencies to support local enterprises.

Efforts to improve the business environment include canceling or modifying 622 regulations across 18 sectors and converting 455 licenses into instant approvals. Al-Qasabi encouraged SMEs to leverage the Biban 24 Forum in Riyadh from November 5-9, a key platform for entrepreneurship.

He also urged the Al-Baha Chamber to identify the region’s strengths and launch tourism, health, and mining initiatives, partnering with state funds and banks. Lastly, he emphasized the importance of enhancing hospitality infrastructure and proposed hosting a tourism season to position Al-Baha as a dynamic destination.