ecommerce transactions in saudi arabia touch 600m mark
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

E-commerce transactions in Saudi Arabia touch $600m mark

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice E-commerce transactions in Saudi Arabia touch $600m mark

e-commerce transactions in the Saudi market
Jeddah - Arab Today

The volume of e-commerce transactions in the Saudi market amounted to around SR2.25 billion ($600 million) in 2016, according to Abdulrahman Al-Qahtani, secretary-general of the Consumer Protection Society (CPS).

Al-Qahtani said it is necessary to protect consumers who engage in online transactions from fraud and exploitation, which can occur due to deceptive advertisements and unfair practices.

He also called for the development of transparent laws and policies that take into consideration differences in dealings, which occur beyond the boundaries of local consumer-protection laws.

Current regulations do not differentiate between e-commerce transactions and online dealings in general, which is an issue that should be tackled by legislators collaborating with government and private specialists by drafting regulations. The financial and technical aspects of e-commerce should also be addressed, Al-Qahtani said.

He appreciated the efforts exerted by relevant entities in this regard. However, there is an urgent need for developing comprehensive government regulations that ensure consumer rights are protected when they shop online, he said.

Al-Qahtani said that all laws pertaining to e-commerce should be unified in a single legal framework that regulates all electronic transactions.

In a statement issued to the Saudi Press Agency (SPA) on World Consumer Rights Day, which was observed on March 15, Al-Qahtani said that the Kingdom should benefit from the exemplary frameworks and legislations formulated by a number of regional and international entities to organize e-commerce.

Every year a theme is chosen for World Consumer Rights Day, and this year it was “Building a digital world consumers can trust.” 

Source: Arab News

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

ecommerce transactions in saudi arabia touch 600m mark ecommerce transactions in saudi arabia touch 600m mark

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

ecommerce transactions in saudi arabia touch 600m mark ecommerce transactions in saudi arabia touch 600m mark

 



GMT 11:03 2018 Tuesday ,23 January

No end to eyesores at Taj Mahal

GMT 10:18 2018 Thursday ,30 August

Iran incapable of closing Hormuz, Bab Al Mandeb

GMT 05:04 2024 Tuesday ,06 February

Skincare PR Performance Full Year 2017

GMT 10:31 2014 Tuesday ,23 December

Mirages of failure: Lebanon cannot wait

GMT 10:08 2018 Wednesday ,24 January

Microsoft to open 4 data centres

GMT 05:17 2024 Wednesday ,07 February

Amazon to open first cashierless shop

GMT 19:57 2018 Tuesday ,23 January

Farm-fresh from Kerala to the UAE, in just one day

GMT 12:10 2016 Monday ,30 May

French Open braced for washout

GMT 22:24 2018 Monday ,08 January

Police arrest Israeli organ smuggling 'mastermind'

GMT 08:05 2017 Monday ,16 October

Cabinet Affairs Minister receives Iraqi ambassador

GMT 23:05 2017 Thursday ,25 May

Sharjah body calls for intensified

GMT 10:52 2015 Wednesday ,25 March

Sheikha Manal to host Art Exhibition

GMT 00:36 2017 Sunday ,19 March

World’s fastest free Wi-Fi at Dubai Airports

GMT 04:15 2011 Tuesday ,15 November

McGowan in Dolce&Gabbana dress

GMT 15:34 2012 Thursday ,29 November

Katy Perry announces fragrance partnership

GMT 18:31 2016 Tuesday ,05 April

Ras AL Khaimah to host young global leaders debate

GMT 14:50 2017 Wednesday ,08 November

UAE construction projects' value rises to almost Dh3T

GMT 21:05 2017 Saturday ,09 September

Pakistan among top 50 countries with high terror
Emiratesvoice, emirates voice
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice