Regulatory Arrangements for the Jeddah Province Development Authority

Release Date:	1445-03-11
Issuance Instrument Number:	223
Validity:	Valid
Summary:	By AI The Saudi Council of Ministers has decided to extend the Board of Directors of the Jeddah Development Authority until the end of its term, assigning the Minister of Finance with the responsibility for investment and ensuring financial sustainability. The planning and development tasks have been transferred from the Makkah Region Development to the Authority, which enjoys legal personality and financial and administrative independence, aiming for comprehensive planning and development in various ...

Release Date:

1445-03-11

Issuance Instrument Number:

223

Validity:

Valid

Summary:

By AI

The Saudi Council of Ministers has decided to extend the Board of Directors of the Jeddah Development Authority until the end of its term, assigning the Minister of Finance with the responsibility for investment and ensuring financial sustainability. The planning and development tasks have been transferred from the Makkah Region Development to the Authority, which enjoys legal personality and financial and administrative independence, aiming for comprehensive planning and development in various ...