Issued on: 17 Muharram 1446
Corresponding to: 24 July 2024
Published in Umm Al-Qura 5042 issued on 9 August 2024.
Author: Decree
Issued on: 17 Muharram 1446
Corresponding to: 24 July 2024
Published in Umm Al-Qura 5042 issued on 9 August 2024.
Categories
The Investment Law
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 [2 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 [21 August 1993],
based on article 18 of the Law of the Shura Council issued by Royal Order O/91 dated 27 Sha’ban 1412 [2 March 1992],
after perusal of Shura Council Decision 287/27 dated 27 Shawwal 1445 [6 May 2024],
and after perusal of Council of Ministers Decision 40 dated 10 Muharram 1446 [14 September 2024],
have decreed as follows
First
The Investment Law is hereby approved in the form attached.
Second
The law—referred to in clause First of this decision—does not prejudice any rights acquired by any investor prior to its entry into force, including any licenses or incentives granted to him, until the expiry of the terms of those rights.
Third
As an exception to the provision of article 1 of the Law—referred to in clause First of this decision—the competent entity stipulated in article 8 means the Permanent Ministerial Committee for the Examination of Foreign Investment formed in clause First of Council of Ministers Decision 83 dated 30 Muharram 1443 [8 September 2021].
Fourth
The Ministry of Investment shall prepare the regulations stipulated in article 15 of the law—referred to in clause First of this decision—after coordination with the relevant entities. The Ministry of Energy shall participate in preparing the provisions related to article 6 and article 17(3) and (4) of the law.
Fifth
The Prime Minister, the ministers, and the heads of independent concerned authorities—each within their area of competence—shall implement this decree of Ours.
Salman bin Abdulaziz Al-Saud
Issued on: 16 Muharram 1446
Corresponding to: 23 July 2024
Published in Umm Al-Qura 5043 issued on 16 August 2024.
The Minister of Human Resources and Social Development,
Chairman of the Board of Directors of the National Center for the Development of the Non-Profit Sector
based on the powers entrusted to him by law,
based on the Law of Civil Associations and Institutions issued by Royal Decree D/8 dated
19 Safar 1437 [2 December 2015],
and based on the system of the center issued by Council of Ministers Decision 816 of 20 Shawwal 1442 [1 June 2021],
and in pursuance of public interest,
hereby decides
First
The Rules of Coordination Between Official Bodies and Civil Associations and Institutions is hereby approved in the form attached.
Second
The rules must be published in the official gazette, and come into force from the date of its publication.
May Allah provide success.
Minister of Human Resources and Social Development,
Chairman of the Board of Directors of the National Center for the Development of the Non-Profit Sector,
Engineer Ahmad bin Suleiman Al-Rajhi
Issued on: 15 Muharram 1446
Corresponding to: 22 July 2024
Published in Umm Al-Qura 5058 issued on 29 November 2024.
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 [2 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 [21 August 1993],
based on article 18 of the Law of the Shura Council issued by Royal Order O/91 dated 27 Sha’ban 1412 [2 March 1992],
after perusal of Shura Council Decision 270/26 dated 14 Shawwal 1445 [23 April 2024],
and after perusal of Council of Ministers Decision 25 dated 10 Muharram 1446 [14 September 2024],
have decreed as follows
First
The General Agreement on Cooperation between the Government of the Kingdom of Saudi Arabia and the Government of the Republic of Sierra Leone signed in the city of Riyadh on 26 Rabi Al-Thani 1445, corresponding to 10 November 2023, is hereby approved in the form attached.
Second
The Memorandum of Understanding on Political Consultations between the Ministry of Foreign Affairs of the Kingdom of Saudi Arabia and the Ministry of Foreign Affairs and International Cooperation of the Republic of Sierra Leone signed in the city of Riyadh on 26 Rabi Al-Thani 1445, corresponding to 10 November 2023, is hereby approved in the form attached.
Third
His Royal Highness the Prime Minister, the ministers, and the heads of independent concerned authorities—each within their area of competence—shall implement this decree of Ours.
Salman bin Abdulaziz Al-Saud
Issued on: 16 Muharram 1446
Corresponding to: 22 July 2024
Published in Umm Al-Qura 5041 issued on 2 August 2024.