Commercial Transactions Law unifies commercial regulations in a single document for first time
RIYADH —The Commercial Transactions Law, approved by the Council of Ministers on Oct. 27, establishes a comprehensive legislative framework that, for the first time, consolidates the provisions governing commercial sales, supply sales, commercial agencies, and brokerage into a single document. Abdulrahman Al-Hussein, spokesperson of the Ministry of Commerce, explained that the law introduces key…
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