The Board of the Capital Market Authority,
based on the Capital Market Law issued by Royal Decree D/30 dated 2 Jumada Al-Thani 1424 [31 July 2003],
hereby decides
(a) The amendment to the Rules Governing Foreign Investment in Securities and the Instructions for Investment Accounts is hereby approved in the form attached, and comes into force from 13 Sha’ban 1447 corresponding to 1 February 2026.
(b) The amendment to the Instructions for Issuing Certificates of Deposit Outside the Kingdom, issued by Decision 2-86-2020 dated 19 Muharram 1442 corresponding to 7 September 2020 is hereby approved as follows:
First
Clause Four(f) is amended by replacing the phrase “Rules Governing the Investment of Qualified Foreign Financial Institutions in Listed Securities” with the phrase “Rules Governing Foreign Investment in Securities”, and comes into force from 13 Sha’ban 1447 corresponding to 1 February 2026.
Second
Clause Seven(f) is amended by deleting the phrase “—if he falls under a category of investors allowed to invest in shares listed in the Kingdom—”, and comes into force from 13 Sha’ban 1447 corresponding to 1 February 2026.
(c) The amendment of article 57(b) of the Executive Regulation of the Companies Law for Listed Joint Stock Companies issued by Decision 8-127-2016 dated 16 Muharram 1438 corresponding to 17 October 2016, and based on the Companies Law issued by Royal Decree D/3 dated 28 Muharram 1437 corresponding to 28 August 2015, as amended by the board of the authority Decision 2-114-2024 dated 4 Rabi Al-Thani 1446 corresponding to 7 October 2024, and based on the Companies Law issued by Royal Decree D/132 dated 1 Dhu Al-Hijja 1443 corresponding to 30 June 2022, is hereby approved by deleting the phrase “for a qualified foreign investor”, and comes into force from 13 Sha’ban 1447 corresponding to 1 February 2026.
(d) The amendment of the term “counterparty” contained in the Glossary of Defined Terms Used in the Regulations and Rules of the Capital Market Authority, issued by Decision 4-11-2004 dated 20 Sha’ban 1425 corresponding to 4 October 2004, and amended by the board of the authority Decision 1-135-2025 dated 3 Jumada Al-Thani 1447 corresponding to 24 November 2025 is hereby approved by deleting paragraph 8, which stipulates “qualified foreign investor”, and replacing the phrase “monetary agency” with the phrase “central bank” contained in paragraph 1 of the same term, and comes into force from 13 Sha’ban 1447 corresponding to 1 February 2026.
(e) The content of paragraphs (a), (b), (c), and (d) of this decision must be announced on the websites of the authority and the Saudi Tadawul Company.
Chairman of the Board of the Capital Market Authority
Mohammed bin Abdullah Al-Quweiz
Issued on: 16 Rajab 1447
Corresponding to: 5 January 2026
Published in Umm Al-Qura 5148 issued on 6 March 2026.
The Minister of Interior, based on the powers entrusted to him,
after perusal of:
– Royal Decree D/10 dated 18 Muharram 1443 [26 August 2021] and the amendments issued in its regard,
– Ministerial Decision 5 dated 10 Dhu Al-Hijja 1445 [16 June 2024] and its amendment,
– The noble directive communicated by President of the Royal Court Telegram 27951 dated 20 Rabi Al-Thani 1446 [23 October 2024], regarding the formation of a technical committee for security-restricted chemicals, headed by the High Commission for Industrial Security, and the membership of a number of entities, which undertakes to review and update the first, second, and third lists of security-restricted chemicals under the Chemicals Management Law and its executive regulation, whose minutes were submitted by the High Commission for Industrial Security Telegram 164557 dated 18 Jumada Al-Thani 1447 [9 December 2025],
hereby decides
First
The addition of a new paragraph numbered 49 to the first list of the Executive Regulation of the Chemicals Management Law is hereby approved in the form attached to the decision.
Second
The addition of a new paragraph numbered 50 to the second list of the Executive Regulation of the Chemicals Management Law is hereby approved in accordance with the form attached to the decision.
Third
This amendment to the lists referred to in First and Second must be implemented within the Executive Regulation of the Chemicals Management Law from the date of issuance of this decision.
Fourth
This decision must be communicated to the relevant authorities, to implement it, each within their mandate.
Minister of Interior
Abdulaziz bin Saud bin Naif bin Abdulaziz
Issued on: 16 Rajab 1447
Corresponding to: 5 January 2026
Published in Umm Al-Qura 5141 issued on 23 January 2026.
With the help of Allah the Almighty
We, Salman bin Abdulaziz Al-Saud,
the King of the Kingdom of Saudi Arabia,
based on article 70 of the Basic Law of Governance issued by Royal Order O/90 dated 27 Sha’ban 1412 [1 March 1992],
based on article 20 of the Law of the Council of Ministers issued by Royal Order O/13 dated 3 Rabi Al-Awwal 1414 [20 August 1993],
based on article 18 of the Law of the Shura Council issued by Royal Order O/91 dated 27 Sha’ban 1412 [1 March 1992],
after perusal of Shura Council Decision 133/11 dated 10 Jumada Al-Thani 1447 [1 December 2025],
and after perusal of Council of Ministers Decision 468 dated 10 Rajab 1447 [30 December 2025],
have decreed as follows
First
The companies licensed to carry out activities in the Jazan Special Economic Zone, the Cloud Computing Special Economic Zone, the King Abdullah Economic City Special Economic Zone, and Ras Al-Khair Special Economic Zone are hereby exempt from the provisions of the Companies Law issued by Royal Decree D/132 dated 1 Dhu Al-Hijja 1443 [30 June 2022], and the Commercial Register Law and Trade Names Law issued by Royal Decree D/83 dated 19 Rabi Al-Awwal 1446 [22 September 2024].
Second
His Royal Highness the Prime Minister, the ministers, and the heads of independent concerned agencies—each within their mandates—shall implement this decree of Ours.
Salman bin Abdulaziz Al-Saud
Issued on: 16 Rajab 1447
Corresponding to: 5 January 2026
Published in Umm Al-Qura 5140 issued on 16 January 2026.
The Minister of Energy,
based on the powers entrusted to him by law,
after perusal of article 20 of the Law of Petroleum and Petrochemical Materials issued by Royal Decree D/139 dated 12 Rajab 1446 [12 January 2025], which stipulates that “the minister shall issue the regulations within 90 days from the date of publication of the law in the official gazette, and they come into force from the date of entry into force of the law,”
and in pursuance of public interest,
hereby decides
First
The Executive Regulation of the Law of Petroleum and Petrochemical Materials is hereby approved in the form attached to this decision.
Second
The Regulation of the Schedule of Violations and Punishments of the Provisions of the Law of Petroleum and Petrochemical Materials is hereby approved in the form attached to this decision.
Third
The regulations referred to in the above clauses must be published on the website of the ministry, and come into force from the date of issuance of this decision. It repeals all that is in conflict with them.
Fourth
This decision must be communicated to those who are required to implement it and act on it, in accordance with the provisions of the relevant orders, laws, regulations, instructions, policies, and procedures, and any further developments related to them.
May Allah provide success.
Minister of Energy
Abdulaziz bin Salman bin Abdulaziz
Issued on: 12 Rajab 1447
Corresponding to: 1 January 2026
Published in Umm Al-Qura 5147 issued on 5 March 2026.