E-commerce in Saudi Arabia is growing by 9.4%.

Dubai: Saudi Arabia’s e-commerce sector is seeing growth with 39,769 new businesses registered in the third quarter of this year, an increase of 9.4% compared to last year.

According to the latest data from the Ministry of Commerce, Riyad is in first place with 16,274 registrations, followed by Mecca with 10,023 and the Eastern Province with 6,328. Medina and Qasim regions reported 1,897 and 1,302 registrations respectively.

This growth highlights Saudi Arabia’s shift towards a diversified, digitally-driven economy in which e-commerce plays a key role. Saudi Arabia is currently among the top ten countries in the world for e-commerce expansion.

Moreover, according to the Ministry of Commerce, the commercial sector in the third quarter saw a remarkable increase in the number of commercial documentation issuances by 62% compared to the same period last year.

Riyad led with 53,150 registrations, followed by Mecca with 24,482 and the Eastern Province with 19,840. Qassim and Asir regions recorded 6,973 and 6,542 registrations respectively.

A total of 135,909 commercial CDs were released in the last three months, bringing the total number of active commercial CDs in the country to over 1.5 million.