Saudi's new e-commerce law to accelerate $21bln market growth - analysts | ZAWYA MENA Edition:
The new electronic commerce law passed by the Saudi Cabinet last week is set to further accelerate the kingdom’s fast-growing online retail market, analysts told Zawya.
The Saudi Cabinet approved a new electronic commerce law to regulate the relationship between the different parties in the sector last Tuesday, in a move that could stimulate a market that has been named as one of the 10 fastest-growing worldwide.
It could also increase online retail’s contribution to the local economy, and help to drive down unemployment among internet-savvy Saudi youth, especially women.
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