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Online network offers 4 million products for sale in Saudi Arabia

RIYADH: More than 4 million products are being advertised through a network of 1,165 licensed online agencies, which has already attracted 500,000 users in the Kingdom up to Sunday, the Ministry of Commerce and Investment (MCI) announced this week.
The Sale online application can be accessed through Apple Store, as well as Google Play or through the website, sales.sa. The MCI database, through the application, will display the licensed online agencies together with their products, their services and respective promotions offered in the Kingdom.
This application, which will save consumers’ time and efforts in looking for products they need, will also protect them against delusory or fake sales.
The system can search for any consumer products on sale, find out the percentage of such sales and the validity of the products, and help customers to reach the sale sites by accessing a GPS service.
The scheme has been developed and operated by Thiqa Business Services Co., under the supervision of the MCI. Under the program, the products offered for sale include clothes, children’s accessories, perfumes, sport items, footwear, household appliances, cosmetics, watches, jewelry, furniture, home tools and equipment, cleaning supplies, bags, health care and personal care items and household glass items such as dinner sets, coffee sets, cutlery and crockery.
Two weeks ago, the MCI and the Capital Market Authority (CMA), together with the Saudi Arabian Monetary Agency (SAMA), warned the business community against dealing with suspicious websites, calling for investment and trading in securities.
Issuing a stern warning against suspicious websites or individuals who call for investment and trading in securities, the MCI advised customers to be careful of such activities by unscrupulous sources.
Lists of persons and institutions licensed to practise such trade activities can be found on the SAMA and the CMA websites.
 

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