Ministry of Commerce (Saudi Arabia)

Ministry of Commerce
وزارة التجارة

Majid Al-Qasabi, the current Minister of Commerce since 7 May 2016
Agency overview
FormedJanuary 30, 1954; 72 years ago (1954-01-30)
Preceding agency
  • Merchants' Council (1926 – 1954)
JurisdictionGovernment of Saudi Arabia
HeadquartersRiyadh
Minister responsible
Child agency
WebsiteOfficial English Website

The Ministry of Commerce (Arabic: وزارة التجارة) is a government ministry in Saudi Arabia that oversees commercial activity in the Kingdom and develops policies related to trade and the business sector.[1]

History

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.[2]

The ministry was reorganized in 2003 and renamed the Ministry of Commerce and Industry.[3]

It was renamed the Ministry of Commerce and Investment in 2016.[4]

On 25 February 2020, following the establishment of the Ministry of Investment, the ministry’s name was changed to the Ministry of Commerce.[5]

Structure

The Ministry has several agencies including:[6]

  • Deputy Ministry for Consumer Protection
  • Deputy Ministry for Industry Affairs
  • Deputy Ministry for Foreign Trade
  • Deputy Ministry of Internal Trade
  • Deputy Ministry for Technical Affairs
  • Marketing and Communication Management
  • Administrative and Financial Affairs Management
  • Information Technology Management
  • General Directorate for Strategic Planning and Projects
  • Engineering Management

Commercial Attachés Offices

The Ministry also supervises commercial attachés offices worldwide with the aims of establishing and developing commercial relationships with other countries.[7] In May 2018, Saudi Arabia appointed with Samar Saleh the first woman to be a commercial attaché in Japan.[8]

List of commerce officials

No. Portrait Official Took office Left office Time in office
Ministers of Commerce (1954–2003)
1 Mohammed Alireza 2 March 1954 19 January 1958 3 years, 323 days
2 Ahmed Jamjoom 19 January 1958 21 December 1960 2 years, 337 days
3 Ahmed Shata 21 December 1960 16 March 1962 1 year, 85 days
4 Ahmed Jamjoom 16 March 1962 31 October 1962 229 days
5 Abid Sheikh 31 October 1962 22 September 1971 8 years, 326 days
6 Mohammed Al-Awadi 22 September 1971 13 October 1975 4 years, 21 days
7 Soliman Al-Solaim 13 October 1975 2 August 1995 19 years, 293 days
8 Osama Faqeeh 2 August 1995 1 May 2003 7 years, 272 days
Ministers of Commerce and Industry (2003–2016)
1 Hashim Yamani 1 May 2003 3 March 2008 4 years, 307 days
2 Abdullah Alireza 3 March 2008 13 December 2011 3 years, 285 days
3 Tawfig Al-Rabiah 13 December 2011 7 May 2016 4 years, 146 days
Ministers of Commerce and Investment (2016–2020)
1 Majid Al-Qasabi 7 May 2016 25 February 2020 3 years, 294 days
Ministers of Commerce (2020–present)
1 Majid Al-Qasabi 25 February 2020 Incumbent 6 years, 0 days

See also

References

  1. ^ "Ministry of Commerce: Companies to be penalized if failed to submit financial statements by June 30". Saudi Gazette. June 15, 2025.
  2. ^ "National Day / "Merchants' Council" Established by King Abdulaziz and Today Became the Ministry of Commerce and Investment". Saudi Press Agency (in Arabic). 23 September 2023. Retrieved 16 February 2026.
  3. ^ "New Ministries, Mergers Likely in Next Month's Cabinet Reshuffle". Arab News. 27 April 2003. Retrieved 16 February 2026.
  4. ^ "Saudi shake-up rolls on with big reshuffle of economic posts". Reuters. 7 May 2016. Retrieved 16 February 2026.
  5. ^ Asharq Al-Awsat (25 February 2020). "Saudi Royal Decree Forms 3 New Ministries, Merges 2 Others". Asharq Al-Awsat. Retrieved 13 February 2026.
  6. ^ Department, Knowledge Management. "Kingdom of Saudi Arabia - Ministry of Commerce and Investment". mc.gov.sa. Retrieved 2019-03-13.
  7. ^ ATTACHÉS. "Kingdom of Saudi Arabia - Ministry of Commerce and Investment". mc.gov.sa. Retrieved 2019-03-13.
  8. ^ "Samar Saleh: First Saudi woman to be appointed commercial attaché". Saudigazette. 2018-05-05. Retrieved 2019-03-27.