Issued on: 17 Muharram 1446
Corresponding to: 24 July 2024
Published in Umm Al-Qura 5042 issued on 9 August 2024.
Category: Council of Ministers Decision
The Council of Ministers,
after perusal of the Royal Court File 79088 dated 3 Dhu Al-Qa’dah 1445 [11 May 2024], which includes Minister of Investment Telegram 392 dated 17 Muharram 1444 [15 August 2022], regarding the draft Investment Law,
after perusal of the aforementioned draft law,
after perusal of the Foreign Investment Law, issued by Royal Decree D/1 dated 5 Muharram 1421 [10 April 2000],
after perusal of the System of the Saudi Center for Economic Affairs issued by Council of Ministers Decision 456 dated 11 Sha’ban 1440 [17 April 2019],
after perusal of Council of Ministers Decision 83 dated 30 Muharram 1443 [7 September 2021],
after perusal of the National Investment Strategy approved by Council of Ministers Decision 134 dated 28 Safar 1443 [6 October 2021],
after perusal of Bureau of Experts at the Council of Ministers Minutes 202 dated 26 Jumada Al-Thani 1444 [19 January 2023] and Memorandums 3676 dated 26 Dhu Al-Qa’dah 1444 [15 June 2023], 1622 dated 8 Jumada Al-Awwal 1445 [21 November 2023], 2113 dated 12 Jumada Al-Thani 1445 [25 December 2023], and 3229 dated 7 Ramadan 1445 [17 March 2024],
after perusal of the Council of Economic and Development Affairs Recommendation 2-8/45/R dated 15 Jumada Al-Thani 1445 [28 December 2023],
after considering Shura Council Decision 287/27 dated 27 Shawwal 1445 [6 May 2024],
and after perusal of the General Committee of the Council of Ministers Recommendation 12210 dated 24 Dhu Al-Qa’dah 1445 [1 June 2024],
hereby decides
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 provisions 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.
A draft royal decree has been prepared in the form attached.
Fifth
The Ministry of Investment shall exercise its competences stipulated in paragraph 4 of article 7 of the Law—referred to in clause First of this decision—in a manner that does not conflict with article 4 of the System of the Saudi Center for Economic Business, issued by Council of Ministers Decision 456 dated 11 Sha’ban 1440 [17 April 2019]. The Ministry shall agree with the Center regarding the establishment or operation of spatial centers to serve the business sector in a manner consistent with the gracious directive communicated in Royal Court File 35629 dated 19 Jumada Al-Awwal 1444 [13 December 2022].
The Prime Minister
Issued on: 10 Muharram 1446
Corresponding to: 17 July 2024
Published in Umm Al-Qura 5043 issued on 16 August 2024.
The Council of Ministers,
after perusal of the Royal Court File 60731 dated 19 Sha’ban 1445 [29 February 2024], which includes Chairman of the Board of Directors of the Nuclear and Radiological Regulatory Authority Telegram 3098 dated 13 Sha’ban 1445 [23 February 2024], regarding the request to amend paragraph 6 of article 6 of the System of the Nuclear and Radiological Regulatory Authority,
after perusal of the System of the Nuclear and Radiological Control Authority issued by Council of Ministers Decision 334 of 25 Jumada Al-Thani 1439 [13 March 2018],
after perusal of the Bureau of Experts at the Council of Ministers Memorandum 3353 dated 15 Ramadan 1445 [25 March 2024],
after perusal of the Council of Economic and Development Affairs Minutes 1942/45/M dated 16 Shawwal 1445 [24 April 2024],
and after perusal of the General Committee of the Council of Ministers Recommendation 12176 dated 24 Dhu Al-Qa’dah 1445 [31 May 2024],
hereby decides
Article 6(6) of the System of the Nuclear and Radiological Control Authority issued by Council of Ministers Decision 334 dated 25 Jumada Al-Awwal 1439 [13 March 2018], is hereby amended to read as follows: “Approving the structure and organizational guide of the authority.”
The Prime Minister
Issued on: 10 Muharram 1446
Corresponding to: 16 July 2024
Published in Umm Al-Qura 5040 issued on 26 July 2024.
The Council of Ministers,
after perusal of Royal Court File 75444 dated 19 Shawwal 1445 [28 April 2024], which includes the Minister of Foreign Affairs Telegram 135644 dated 2 Jumada Al-Awwal 1445 [15 November 2023], regarding the final signed version of a draft General Cooperation Agreement between the Government of the Kingdom of Saudi Arabia and the Government of the Republic of Sierra Leone, and the final signed version of a draft Memorandum of Understanding regarding 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,
after perusal of the aforementioned final copies,
after perusal of the Bureau of Experts at the Council of Ministers Memorandum 3080 dated 24 Sha’ban 1445 [5 March 2024],
after considering Shura Council Decision 270/26 dated 14 Shawwal 1445 [23 April 2024],
and after perusal of the General Committee of the Council of Ministers Recommendation 12190 dated 24 Dhu Al-Qa’dah 1445 [1 June 2024],
hereby decides
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.
A draft royal decree has been prepared in the form attached.
The Prime Minister
Issued on: 10 Muharram 1446
Corresponding to: 16 July 2024
Published in Umm Al-Qura 5041 issued on 2 August 2024.
Issued on: 3 Muharram 1446
Corresponding to: 9 July 2024
Published in Umm Al-Qura 5041 issued on 2 August 2024.
after perusal of Royal Court File 32546 dated 1 Jumada Al-Awwal 1445 [14 November 2023], which includes Minister of Interior Telegram 117763 dated 28 Rabi Al-Thani 1445 [12 November 2023], regarding the request of the Ministry of Interior to approve the renewal of the term of the National Social Development Program in the Region for Seven Years,
after perusal of the organisational arrangements for the National Social Development Program in the Areas issued by Council of Ministers Decision 88 dated 7 Safar 1440 [18 October 2018],
after perusal of Bureau of Experts at the Council of Ministers Memorandum 2067 dated 22 Sha’ban 1445 [3 March 2024],
after perusal of Council of Economic and Development Affairs Recommendation 4-12/45/R dated 16 Shawwal 1445 [25 April 2024],
and after perusal of the General Committee of the Council of Ministers Recommendation 11710 dated 11 Dhu Al-Qa’dah 1445 [19 May 2024],
hereby decides
The renewal of the National Social Development Program in the Region for Seven Years starting from the end of its term stipulated in article 13 of its organisational arrangements is hereby approved by Council of Ministers Decision 88 dated 7 Safar 1440 [18 October 2018]
The Prime Minister
Issued on: 26 Dhu Al-Hijja 1445
Corresponding to: 2 July 2024
Published in Umm Al-Qura 5038 issued on 13 July 2024.
The Council of Ministers
after perusal of Royal Court File 85921 dated 28 Dhu Al Qa’dah 1445 [5 June 2024], regarding the Strategy of Reforming the Pension Laws in the Kingdom and the Draft Social Insurance Law,
after perusal of the aforementioned draft law,
after perusal of the Civil Pension Law issued by Royal Decree D/41 dated 29 Rajab 1393 [27 August 1973],
after perusal of the Social Insurance Law issued by Royal Decree D/33 dated 3 Ramadan 1421 [29 November 2000],
after perusal of Memorandums 2160 dated 28 Dhu Al-Hijja 1442 [7 August 2021], 1659 dated 23 Dhu Al-Hijja 1443 [22 July 2022], 3421 dated 26 Dhu Al-Hijja 1445 [3 June 2024], and Minutes 212 dated 20 Dhu Al-Hijja 1445 [28 May 2024] prepared by the Bureau of Experts at the Council of Ministers,
after perusal of the Council of Economic and Development Affairs Minutes 1984/45/M dated 16 Shawwal 1445 [25 April 2024],
after considering Shura Council Decision 383/36 dated 26 Dhu Al-Qa’dah 1445 [2 June 2024],
and after perusal of the General Committee of the Council of Ministers Recommendation 13192 dated 24 Dhu Al-Hijja 1445 [1 June 2024],
hereby decides
First
The Social Insurance Law is hereby approved in the form attached.
Second
The provisions of the law referred to in clause First of this decision do not apply to the following two categories:
1. Contributors who have contribution periods prior to the entry into force of the law for which they have not been compensated.
The periods of contribution in the field of the implementation of paragraph 1 of this clause mean the periods of contribution calculated in accordance with the provisions of the Civil Pension Law issued by Royal Decree D/41 dated 29 Rajab 1393 [27 August 1973], or the Social Insurance Law issued by Royal Decree D/33 dated 3 Ramadan 1421 [29 November 2000], or both of them.
This extends to the periods deemed as served in one of these two laws.
2. Owners of pensions due to contributors in accordance with the provisions of the Civil Pension Law or the Social Insurance Law before the entry into force of the law referred to in clause First of this decision.
Third
The application of the law—referred to in clause First of this decision—to those covered by its provisions must be as follows:
1. The contribution percentages of the branch of pensions stipulated in article 15 of the law are applied gradually until they reach 22% of the wage or salary subject to contribution, as follows:
(a) Contributions are determined within twelve months from the effective date of the law at a rate of 18%.
(b) Contributions are determined from the month following the lapse of twelve months from the effective date of the law at a rate of 19%.
(c) Contributions are determined from the month following the lapse of twenty-four months from the effective date of the law at a rate of 20%.
(d) Contributions are determined from the month following the lapse of thirty-six months from the effective date of the law at a rate of 21%.
(e) Contributions are determined from the month following the lapse of forty-eight months from the effective date of the law at a rate of 22%.
2. The employer bears 50% and the contributor bears 50% of the contributions referred to in paragraph 1 of this clause, in respect of compulsory contributions.
3. The provisions stipulated in paragraph 1 of this clause apply to a contribution made on an optional basis, provided that it is borne in full by the contributor.
4. A decision by the Council of Ministers—based on a proposal of the Board of Directors of the General Organization for Social Insurance—determines the date of application of the provisions of the branch of occupational hazards and additional compensation to employees. In the event that the employee dies or is dismissed from work—during the period following the entire into force of the law and preceding the date specified in the aforementioned decision of the Council of Ministers—due to his inability to work definitively and the death or disability resulted from work and during the performance of work, his entitlement is determined in accordance with the provisions of article 21 of the Civil Pension Law, and without prejudice to the proving of his disability by the medical committees of the General Organization for Social Insurance stipulated in article 50 of the law referred to in clause First of this decision.
5. The period of contribution referred to in paragraph 2 of article 16 of the law is 180 months.
6. In the application of the provisions of paragraph 2 of article 44 of the law, contributions to the branch of unemployment insurance are determined on the effective date of the law at a rate of 1.5% of the wage subject to contribution, to be borne by the employer and the contributor at a rate of 50% each.
7. Without prejudice to the provisions of the preceding paragraphs of this clause, the application of the branches of social insurance stipulated in article 3 of the law, referred to in clause First of this decision, must be in stages determined by a decision by the board of directors of the General Organization for Social Insurance.
Fourth
The provisions contained in the Social Insurance Law issued by Royal Decree D/33 dated 3 Ramadan 1421 [29 November 2000], the Civil Pension Law issued by Royal Decree D/41 dated 29 Rajab 1393 [27 August 1973], and the Unemployment Insurance Law issued by Royal Decree D/18 dated 12 Rabi al-Awwal 1435 [13 January 2014] continue to apply to the two categories referred to in clause Second of this decision.
Fifth
As an exception to the provision of clause Fourth of this decision, contributors—with regard to pensions—who have contribution periods prior to the entry into force of the law—referred to in clause First of this decision—who have not been compensated for these periods, have not reached 240 months, and have not reached 50 Hijri years on the effective date of the law, will be treated as follows:
1. The contributor who has not reached the age of twenty-nine Gregorian years on the effective date of the law, has a legal age for entitlement to a pension of sixty-five Gregorian years.
2. The contributor who reaches the age of twenty-nine Gregorian years or more on the effective date of the law, has a legal age for entitlement to a pension in accordance with the following table:
| Age in accordance with the Gregorian calendar on the effective date of the law | Legal age in accordance with the Gregorian calendar for the purpose of obtaining a pension |
| Twenty-nine years and over, and less than thirty years | Sixty-four years and eight months |
| Thirty years and over, and less than thirty-one years | Sixty-four years and four months |
| Thirty-one years and over, and less than thirty-two years | Sixty-four years |
| Thirty-two years and over, and less than thirty-three years | Sixty-three years and eight months |
| Thirty-three years and over, and less than thirty-four years | Sixty-three years and four months |
| Thirty-four years and over, and less than thirty-five years | Sixty-three years |
| Thirty-five years and over, and less than thirty-six years | Sixty-two years and eight months |
| Thirty-six years and over, and less than thirty-seven years | Sixty-two years and four months |
| Thirty-seven years and over, and less than thirty-eight years | Sixty-two years |
| Thirty-eight years and over, and less than thirty-nine years | Sixty-one years and eight months |
| Thirty-nine years and over, and less than forty years | Sixty-one years and four months |
| Forty years and over, and less than forty-one years | Sixty-one years |
| Forty-one years and over, and less than forty-two years | Sixty years and eight months |
| Forty-two years and over, and less than forty-three years | Sixty years and four months |
| Forty-three years and over, and less than forty-four years | Sixty years |
| Forty-four years and over, and less than forty-five years | Fifty-nine years and eight months |
| Forty-five years and over, and less than forty-six years | Fifty-nine years and four months |
| Forty-six years and over, and less than forty-seven years | Fifty-nine years |
| Forty-seven years and over, and less than forty-eight years | Fifty-eight years and eight months |
| Forty-eight years and over, and less than forty-eight years and six months | Fifty-eight years and four months |
3. The contributor whose contribution periods have not reached on the effective date of the law—referred to in clause First of this decision—180 months, is entitled to a pension before reaching the legal age if his contribution periods reach 360 subscription months.
4. The contributor whose contribution periods have reached the effective date of the law—referred to in clause First of this decision—180 months or more, is entitled to obtain a pension before reaching the legal age in accordance with the following table:
| Contribution periods upon entry into force of the law | Eligible contribution periods for pension entitlement |
| From 180 months to 191 months | 348 months |
| From 192 months to 203 months | 336 months |
| From 204 months to 215 months | 324 months |
| From 216 months to 227 months | 312 months |
| From 228 months to 239 months | 300 (months) |
5. Subject to the provisions of paragraphs 1, 2, 3, and 4 of this clause, the contribution periods that have not been compensated for are treated in accordance with the provisions of the Civil Pension Law and Social Insurance Law referred to in clause Fourth of this decision.
For the purposes of applying this clause, the contributor who reaches the age of forty-eight years and six months in accordance with the Gregorian calendar is deemed to have reached the age of fifty Hijri years.
Sixth
As an exception to the provision of clause Fourth of this decision, the application of the provisions of the branch of occupational hazards contained in the Social Insurance Law referred to in clause Fourth of this decision is as follows:
1. Applying the maternity compensation stipulated in articles 41 and 42 of the law—referred to in clause First of this decision—to the contributors subject to the provisions of the branch of occupational hazards of the Social Insurance Law referred to in clause Fourth of this decision, taking into account that the calculation of the eligible contribution period for the entitlement begins from the effective date of the law referred to in clause First of this decision.
2. Cancelling the maximum limit for the amount of lump sum compensation in the cases of total and partial disability stipulated in articles 32 and 36 of the Social Insurance Law referred to in clause Fourth of this decision.
3. The age after which the lump sum compensation mentioned in article 32 of the Social Insurance Law—referred to in clause Fourth of this decision—must be reduced is in accordance with the sameage mentioned in paragraph3 of article 35 of the law referred to in clause First of this decision.
Seventh
The Board of Directors of the General Organization for Social Insurance may develop optional savings programs—in coordination with the relevant entities—for the contributors to whom the provisions of the Civil Pension Law and Social Insurance Law referred to in clause Fourth of this decision apply.
Eighth
The Board of Directors of the General Organization for Social Insurance may add benefits for the contributor whose contribution period exceeds 100% of the salary or the average wages on which the pension is calculated in accordance with the provisions of article 19 of the Civil Pension Law and article 38 of the Social Insurance Law referred to in clause Fourth of this decision.
Ninth
The Board of Directors of the General Organization for Social Insurance may merge the accounts of the branches of the Social Insurance Law and Unemployment Insurance Law and the account of the Civil Pension Law Fund—referred to in clause Fourth of this decision—or some of them as it deems appropriate.
Tenth
Clauses Fifth, Sixth, Seventh, Eighth, and Ninth of this decision are effective from the effective date of the law referred to in clause First of this decision.
A draft royal decree has been prepared with clauses First, Second, Fourth, Fifth, Sixth, Seventh, Eighth, Ninth, and Tenth, and paragraphs1 ,2 ,3 , 4, and 7 of clause Third of this decision, in the form attached to this.
Eleventh
A committee is hereby formed in the Ministry of Human Resources and Social Development, with the participation of the Ministry of Finance, the Ministry of Economy and Planning, and the General Organization for Social Insurance, to review the laws, regulations, orders, royal decrees, and decisions that are affected by the issuance of the law—referred to in clause First of this decision—and the clauses mentioned above, in particular the following:
1. Provisions stipulated in other laws regarding the retirement age.
2. The provisions contained in the Civil Pension Law, the Social Insurance Law, and the Law on the Exchange of Benefits between the Civil and Military Pension Laws, and the Social Insurance Law.
3. Maternity and childbirth leaves provided in the Labour Law issued by Royal Decree D/51 dated 23 Sha’ban 1426 [27 September 2005], and the Executive Regulation for Human Resources in the Civil Service issued by the Minister of Human Resources and Social Development Decision 1550 dated 9 Jumada al-Thani 1440 [14 February 2019].
4. Harmonizing the Civil Pension Law and Social Insurance Law with the provisions stipulated in the preceding clauses and the law referred to in clause First of this decision.
Submitting matters that need to be amended in accordance with the established legal procedures within a period of ninety days from the date of this decision.
The Prime Minister
Issued on: 26 Dhu Al-Hijja 1445
Corresponding to: 2 July 2024
Published in Umm Al-Qura 5038 issued on 13 July 2024.
Issued on: 27 Dhu Al-Qa’dah 1445
Corresponding to: 4 June 2024
Published in Umm Al-Qura 5036 issued on 28 June 2024.
Issued on: 27 Dhu Al-Qa’dah 1445
Corresponding to: 4 June 2024
Published in Umm Al-Qura 5036 issued on 28 June 2024.
The Council of Ministers
after perusal of its session held under the chairmanship of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al-Saud, Royal Court File 17195 dated 9 Rabi Al-Awwal 1445 [24 September 2023], which includes Royal Commission for the City of Riyadh Letter 20230918062 dated 3 Rabi Al-Awwal 1445 [18 September 2023], regarding the request of the authority to complete the necessary legal procedures regarding the establishment of a non-profit institution for the Model Institute of the Capital that is under the scope of the authority,
after perusal of the organizational arrangements for the Model Institute of the Capital in Riyadh and the Thagr Model Schools in Jeddah issued by Council of Ministers Decision 238 dated 13 Jumada Al-Awwal 1439 [30 January 2018],
after perusal of the Bureau of Experts at the Council of Ministers Memorandums 1284 dated 16 Rabi Al-Thani 1445 [31 October 2023], 2383 dated 2 Rabi Al-Thani 1445 [17 October 2023], and 3036 dated 19 Rabi Al-Thani 1445 [3 November 2023],
after perusal of the Council of Economic and Development Affairs Recommendation 21-37/ 45/D dated 4 Ramadan 1445 [14 March 2024],
and after perusal of the General Committee of the Council of Ministers Recommendation 10863 dated 16 Shawwal 1445 [25 April 2024],
hereby decides
First
The Model Institute of the Capital of Riyadh is hereby transformed to a non-profit establishment owned by the Royal Commission for Riyadh City. The authority may consider transferring the ownership of the establishment to the Riyadh non-profit establishment after its establishment.
Second
The provisions relating to the Model Institute of the Capital in Riyadh stipulated in the organizational arrangements for the Model Institute of the Capital in Riyadh and the Thagr Model Schools in Jeddah issued by Council of Ministers Decision 238 dated 13 Jumada Al-Awwal 1439 [30 January 2018] are hereby repealed.
Third
The Royal Commission for the City of Riyadh, in coordination with the relevant authorities shall prepare the draft statute of the institution referred to in clause First of this decision—guided by the provisions of the constitution of King Saud University approved by Royal Order 9589 dated 9 Safar 1444 [6 September 2022] and the constitution of King Faisal Specialist Hospital and Research Centre approved by Royal Order 30176 dated 13 Jumada Al-Awwal 1443 [18 December 2021]—and reporting it to complete the legal procedures.
Fourth
The entry into force of clauses First and Second of this decision must be from the date of entry into force of the constitution of the establishment referred to in clause Third of this decision.
Salman bin Abdulaziz Al-Saud
Issued on: 20 Dhu Al-Qa’dah 1445
Corresponding to: 28 May 2024
Published in Umm Al-Qura 5035 issued on 7 June 2024.