Saudi Arabia's "Vision 2030" has gradually modernized and diversified the country's economy since 2016, opening it up to investors in an unprecedented way, Arabiya TV reported on February 15. This is also driving up consumer demand for e-commerce and related services, said Reem al-Harbi, general manager of Checkout.com in the Sands. More than 200 million people in the Middle East and North Africa have turned to e-commerce since the COVID-19 pandemic began. About 83 percent of consumers in the region said they will maintain or increase spending on e-commerce in 2022, while 60 percent said they prefer digital online payments. Saudi Arabia is developing e-commerce with great enthusiasm and amazing speed. Checkout.com's transactions in Saudi Arabia have grown 470 percent over the past few years, a strong testament to consumers' love of online spending. Nearly half of Saudis plan to spend more on e-commerce in 2022, with 40 percent of respondents in the survey expressing preference for cross-border e-commerce. In response to surging demand for online shopping, the Saudi government has seized on the potential of e-commerce to boost cross-border business and establish the kingdom as an e-commerce leader. Saudi Arabia's E-commerce Law was introduced in 2019 to provide compliance for sellers and consumers to prevent fraud, data breaches and other common violations in the online retail environment.