Saudi Shura Agrees to E-Commerce System

Saudi Shura Council in session (Saudi Shura Council)
Saudi Shura Council in session (Saudi Shura Council)
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Saudi Shura Agrees to E-Commerce System

Saudi Shura Council in session (Saudi Shura Council)
Saudi Shura Council in session (Saudi Shura Council)

Saudi Shura Council had discussed with the Electricity and Cogeneration Regulatory Authority (ECRA) reports of several media outlets on several subscribers issues on bills issuance, according to the head of Shura’s Economy and Energy Committee.

The Council’s meeting called on ECRA to pave the way for the private sector to invest in the electricity and water industry for better efficiency and cost rationalization. This will allow to control security and safety measures and improve their levels to reduce the number of incidents in the electrical industry.

During a session chaired by Vice-President Abdullah al-Maatani, the Council asked ECRA to ensure that Saudi Electricity Company (SEC) commits to the deadlines for implementing the plan to develop the structure of the electricity and to work on the implementation of the company's restructuring program in accordance with the agreed timetable.

The council stressed the importance of the Commission's commitment to its plans in light with Vision 2030 goals.

The Shura Council also discussed the need to provide the Saudi Railways Organization (SRO) with the necessary number of assistant train drivers and assistant supervisors to ensure the quality of service provided to passengers. This came after the council was briefed by the Committee on Transport, Communications and Information Technology on the members’ comments on the annual report of the SRO.

It is necessary to provide the Organization with needed funds to go through with the institution's projects, especially those linked to security and safety aspects, service development, and enhance the economic efficiency of railway projects by attracting international investments.

The council agreed on the e-commerce project after listening to the Economy and Energy Committee’s views on the draft system. In its decision, the Council called on the Ministry of Trade and Investment to coordinate with the General Authority for Customs to establish a mechanism to regulate requests to clear personal shipments sent from foreign suppliers directly to consumers, in a manner that meets requirements set by the authorities and consumer protection and without harming local investors.

The bill consists of 28 articles and aims to regulate e-commerce issues, both for service providers and consumers and for its personal electronic data, as well as provisions on e-contracts, electronic shops and their documentation.

The meeting also discussed the report of the Committee on Islamic and Judicial Affairs on the annual report of the General Presidency for the Holy Mosque and the Prophet's Mosque.

Also, the Council approved a draft memorandum of understanding, which was signed in Riyadh on January 18, in the field of customs cooperation between the Ministry of Finance in Saudi Arabia and the Iraqi Ministry of Finance.



Iran Signals Readiness to Expand Economic, Cultural Ties with Saudi Arabia

Saudi Crown Prince meets Iranian Foreign Minister Abbas Araghchi in Jeddah on Tuesday — SPA
Saudi Crown Prince meets Iranian Foreign Minister Abbas Araghchi in Jeddah on Tuesday — SPA
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Iran Signals Readiness to Expand Economic, Cultural Ties with Saudi Arabia

Saudi Crown Prince meets Iranian Foreign Minister Abbas Araghchi in Jeddah on Tuesday — SPA
Saudi Crown Prince meets Iranian Foreign Minister Abbas Araghchi in Jeddah on Tuesday — SPA

Iran’s ambassador to Saudi Arabia, Alireza Enayati, described Iranian Foreign Minister Abbas Araghchi’s recent visit to Riyadh as a clear sign on Tehran’s willingness to deepen economic and cultural relations with the kingdom.

Speaking to Asharq Al-Awsat, Enayati said Tuesday’s visit focused on reviewing bilateral ties and cooperation between Saudi Arabia and Iran. He emphasized Tehran’s commitment to strengthening relations with Riyadh and neighboring countries based on good neighborliness and shared interests.

During the visit, Araghchi held a series of high-level meetings with key Saudi officials, including Crown Prince and Prime Minister Mohammed bin Salman, Defense Minister Prince Khalid bin Salman, and Foreign Minister Prince Faisal bin Farhan.

Enayati said Iran is ready to broaden cooperation with Saudi Arabia across economic, trade, and cultural sectors. He highlighted that the Crown Prince expressed satisfaction with the growing understanding and collaboration between the two leading Muslim nations.

The ambassador, who attended the meetings, added that the Crown Prince reaffirmed Saudi Arabia’s determination to continue advancing this path and develop relations in all fields.

Enayati also recalled Saudi Arabia’s condemnation of military aggression against Iran’s territorial integrity and sovereignty.

He said the Crown Prince stressed that regional security and stability depend on cooperation and understanding among countries in the region. This includes leveraging all capabilities to prevent escalation and insecurity and prioritizing diplomatic tools to resolve disputes, according to Iran’s envoy.

Saudi Crown Prince Mohammed bin Salman expressed hope that the recently agreed ceasefire will help foster security and stability across the region, Saudi state news agency SPA reported.

During a reception for Araghchi in Jeddah, the Crown Prince reaffirmed Riyadh’s support for resolving disputes through diplomatic dialogue, describing it as the best path to lasting peace.

Araghchi thanked Saudi Arabia for its condemnation of Israeli aggression and praised the Crown Prince’s efforts to bolster regional security and stability.

Enayati conveyed Araghchi’s praise for “fruitful” security and defense consultations between the two countries.

Enayati described a recent visit to Tehran by Saudi Defense Minister Prince Khalid bin Salman as “highly significant and effective in advancing cooperation to strengthen regional security and stability.”

He added that Prince Khalid firmly condemned Israeli military aggression against Iran and extended condolences for the deaths of Iranian military and civilian figures in the attacks, according to the Iranian ambassador.

Prince Khalid took to X to outline the scope of his recent talks with Araghchi, emphasizing bilateral cooperation and regional security.

On his part, Enayati told Asharq Al-Awsat that Araghchi expressed gratitude to the Saudi government for its “valuable assistance” in facilitating the return of Iranian pilgrims amid disruptions caused by Israeli military aggression against Iran.

Enayati also relayed comments from Araghchi attributing recent Israeli attacks to what he described as the “impunity” enjoyed by the Israeli regime for its crimes against the Palestinian people and ongoing aggression toward other regional states.

The Iranian foreign minister strongly condemned the continued killing and displacement of Palestinians and the ongoing occupation.

He further denounced Israel’s repeated strikes against Lebanon and Syria, condemning the United Nations Security Council’s “silence and inaction,” which he described as a key factor in regional insecurity.