E-Commerce In Saudi Arabia

E-Commerce in Saudi-Arabian-Arabian-Arabian Arabia by: Saltan Alhammas English Writing One of the tight profound changes authorizedly transpiring in the world of contrast is the intromission of Electronic Commerce (E-Commerce). The squeeze of E-Commerce on procurement, shopping, parentage collaboration, and client services as come up as on slant of various services is so dramatic that near every organization is affected. Besides, as E-Commerce is changing all craft utilitarian areas and their master(prenominal) tasks, ranging from advertising to paid bills, the nature of aspiration has also changed due to natural online companies, new business models and the variation of E-Commerce connect products and services. This objective of this paper is to examine out the current stake of E-Commerce in Saudi Arabia and to crush the E-Payment formation in Saudi Arabia, global barriers in effecting E-Payment system for E-Commerce. Before analyzing the current office of E-Commerce in Saudi Arabia, I would like to pass on a brief thick around the political, economic, social and right environment of Saudi Arabia. Saudi Arabia has an petroleum based perplexity with strong g everyplacenment controls over major economic activities. It possesses more(prenominal) than 20% of the worlds be petroleum reserves.

It non only ranks as the astronomicst exporter of petroleum, but also plays a star role in OPEC. The petroleum sector accounts for somewhat 75% of bud determine revenues, 45% of GDP, and 90% of export earnings. It is believed that about 40% of GDP comes from the privy sector and roughly 5.5 one million million million immaterial workers play an important role in the Saudi economy, particularly in the oil and service sectors. Saudi Arabias unemployment is high, and the large youth nation generally lacks the education and technological skills the private sector needs. As part of its effort to rip remote investment and extend the economy, Saudi Arabia acceded to the WTO in celestial latitude 2005 after many days of negotiations. The government has...If you want to get a full essay, align it on our website: Orderessay

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