Trade in the Kingdom of Saudi Arabia refers to the buying, selling, and exchange of goods and services within the Kingdom or between the Kingdom and other countries around the world. The organization of trade in the Kingdom dates back to the era of the Founding King, Abdulaziz Bin Abdulrahman Al Saud , when in 1926, he issued what is known as the 'Sunni Will' (Royal Decree). This decree stated that the rulings previously in effect and in accordance with Islamic law were still applicab...

'SoumTech' platform is an electronic platform specializing in holding auctions related to assets to be liquidated and sold. It was launched in 2023. It is accessible to service providers, including promoters and advertisers. 1 Supervision of 'SoumTech' platform 'SoumTech' platform operates under the supervision of the Entrustment and Liquidation Center (Infath), according to its rules and regulations. It is the fifth platform launched by the center. Electronic auct...