The Council of Ministers,
after perusal of Secretariat of the Council of Economic and Development Affairs File 17240 dated 20 Rajab 1447 [9 January 2026], regarding the amendment of certain regulatory provisions relating to the National Committee for Investment in the Council of Economic and Development Affairs,
after perusal of the Organizational Arrangements of the National Committee for Investment in the Council of Economic and Development Affairs issued by Council of Ministers Decision 401 dated 28 Rajab 1443 [2 March 2022],
after perusal of the Organizational Arrangements of the Investment Council issued by Council of Ministers Decision 111 dated 6 Safar 1445 [22 August 2023],
after perusal of Council of Ministers Decision 11 dated 6 Muharram 1447 [1 July 2025],
after perusal of Bureau of Experts at the Council of Ministers Memo 3021 dated 28 Sha’ban 1447 [16 February 2026] and Memo 3758 dated 11 Dhu Al-Qa’dah 1447 [28 April 2026],
after perusal of Council of Economic and Development Affairs Recommendation 30-37/47/I dated 16 Ramadan 1447 [5 March 2026],
and after perusal of General Committee of the Council of Ministers Recommendation 12439 dated 24 Dhu Al-Qa’dah 1447 [11 May 2026],
hereby decides
First
The Organisational Arrangements of the National Committee for Investment in the Council of Economic and Development Affairs issued by Council of Ministers Decision 401 dated 28 Rajab 1443 [2 March 2022] are hereby amended to read as follows:
1․ The phrase “and reviewing them after their approval” is hereby added to the end of clause Second(1) and (2) of the arrangements.
2․ The word “decisions” is hereby added to clause Second(3) of the arrangements, so that the paragraph reads as follows: “Taking all necessary decisions and measures that would overcome the obstacles that may face the achievement of investment objectives from all its sources.”
3․ The phrase “and the committee may, by a decision of the chairman, form” mentioned at the end of clause Second of the arrangements is hereby amended to read: “and the committee may form”.
4․ The opening of clause Third(2) of the arrangements is hereby amended to read: “… by at least a majority of the votes of its attending members…”.
5․ The phrase “and the preparatory committee” mentioned in clause Seventh(1) of the arrangements is hereby deleted.
6․ Clauses Fourth, Fifth, and Sixth of the arrangements are hereby deleted, and the rest of the clauses are reordered accordingly.
Second
The phrase “Their appointment must be issued by a decision of the chairman of the committee” at the beginning of clause Fourth of the Organizational Arrangements of the Investment Council issued by Council of Ministers Decision 111 dated 6 Safar 1445 [22 August 2023] is hereby amended to read: “Their appointment must be issued by an order of the Prime Minister.”
The Prime Minister
Issued on: 1 Muharram 1448
Corresponding to: 16 June 2026
Published in Umm Al-Qura 5167 issued on 26 June 2026.
