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Saudi Ministry of Commerce and Industry Joins XII

Posted on October 30, 2015 by Dave Nitchman

Kingdom tower

The mission of the Ministry is to “enhance the potentials of both Commerce and Industry sectors and protect the beneficiaries’ interests, by developing and implementing effective and efficient policies and mechanisms, which will contribute to achieving sustainable economic development”. The Ministry’s online XBRL platform “Qawaem”, collects consolidated financial statements to increase transparency and more efficient reporting and to provide economic and business planners with additional decision making tools, more accurate financial information and improved corporate governance.

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