A look at enforcement applications on commercial papers in 2023

18/01/2024 Argaam Special

Ministry of Justice headquarters


The Ministry of Justice showed that the number of enforcement applications received on commercial papers retreated by 22% in 2023 to 299,400 from 382,150 in 2022.

Data indicated 293,480 enforcement applications were implemented on commercial papers in 2023, compared to about 372,970 in 2022.

The Riyadh region accounted for 39% of enforcement applications with about 116,910 requests, followed by Makkah with nearly 71,030.

The following table shows enforcement requests of commercial papers by region in 2023:

Enforcement Applications of Commercial Papers by Province in 2023

Province

No. of Enforcement Requests

Ratio to Total

Riyadh

116,909

39.0%

Makkah

71,034

23.7%

Eastern Province

37,619

12.6%

Asir

13,609

4.5%

Tabuk

12,393

4.1%

Madinah

10,389

3.5%

Jazan

9,203

3.1%

Al Qassim

8,291

2.8%

Najran

5,618

1.9%

Hail

5,123

1.7%

Al-Jouf

3,815

1.3%

Northern Borders

3,747

1.3%

Al-Baha

1,651

0.6%

Total

299,401

100%

 

Riyadh came at the forefront of cities in the number of enforcement applications of commercial papers, reaching 109,870 requests in 2023, followed by the city of Jeddah with 54,010, as the following table shows:

Enforcement Applications of Commercial Papers by City in 2023

City

No. of Enforcement Applications

Ratio to Total

Riyadh

109871

36.7%

Jeddah

54008

18.0%

Dammam

19219

6.4%

Madinah

8678

2.9%

Makkah

7521

2.5%

Al Khobar

5381

1.8%


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