The Ministry of Commerce (Arabic: ÃÂòçñé çÃÂêìçñé) is a government ministry in Saudi Arabia that oversees commercial activity in the Kingdom and develops policies related to trade and the business sector.
Between 1926 and 1954, the Merchants' Council, established by King Abdulaziz, managed commercial affairs in Saudi Arabia before being replaced by the Ministry of Commerce, created by a Royal Decree in 1954 to oversee domestic and international trade.
The ministry was reorganized in 2003 and renamed the Ministry of Commerce and Industry.
It was renamed the Ministry of Commerce and Investment in 2016.
On 25 February 2020, following the establishment of the Ministry of Investment, the ministryâÂÂs name was changed to the Ministry of Commerce.
The Ministry has several agencies including:
The Ministry also supervises commercial attachés offices worldwide with the aims of establishing and developing commercial relationships with other countries. In May 2018, Saudi Arabia appointed with Samar Saleh the first woman to be a commercial attaché in Japan.
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