With the proliferation of social media platforms and online content, a growing number of influencers have been using their accounts to advertise unregulated and counterfeit products and services.

Last week, the Saudi Council of Ministers approved the new companies law, which contributes to the stimulation and development of the business system in the Kingdom and has the flexibility to protect companies and empower the private sector.

As Saudi authorities work to consolidate consumer-protection concepts through trading controls and regulations, a draft of a new consumer protection law was recently issued.

Data is considered one of the most valuable sources for all market segments and even society in general.

It provides an unprecedented opportunity for marketing and understanding the needs of consumers across different markets.

In the past years, the Saudi Ministry of Commerce issued the provisions for providing products maintenance, spare parts, and ensuring the quality of manufacturing, with the aim of regulating the relationship between agents/distributors and consumers in the Kingdom.

In strictly legal terms, a commercial mortgage is a loan secured on a commercial property and used to acquire, refinance or develop commercial property.
Businessmen or traders often use this option to address financial crises.

Franchising has established itself as an important global commercial activity and the ongoing socioeconomic transformation taking place in Saudi Arabia has seen the business model gain ground in the Kingdom too.