DAMMAM — Minister of Commerce and Investment Majed Al-Qasabi said on Wednesday that companies and establishments in the Eastern Province recorded a growth of 24 percent over the past three years, thanks to the reforms as well as improvement in the business environment and business procedures.
The minister made the remarks during an interaction with businessmen, businesswomen and entrepreneurs from the Eastern Province on the sidelines of the Eastern Biban Forum.
Qasabi said the number of commercial registrations issued for a total of 29,869 companies rose by 24 percent to 181,086 during last three years.
He said that the Cabinet’s approval for the Guide and Organization Chart of the Ministry of Commerce and Investment on Tuesday came after 15 years of the approval of the previous organizational structure.
Qasabi affirmed that the new organization chart would contribute in achieving the ministry’s strategy and objectives, as well as it will go in line with the Kingdom’s Vision 2030.
He said the new organization chart will be based on quick technical solutions and smart business. “It gives the customer services great attention, besides setting up and developing performance indicator measurement, and raising the performance and service quality of the ministry’s branches in all regions of the Kingdom. The new chart will establish a special deputy ministry for customer services, covering all branches.”