In this Statute, the following words and phrases shall have the meanings assigned thereto, unless the context requires otherwise:

1. City: King Abdullah City for Atomic and Renewable Energy.

2. Statute: Statute of the City.

3. Minister: Minister of Energy.

4. Board: Board of Directors of the City.

5. CEO: Chief Executive Officer of the City.

6. Radioactive Waste Management: All administrative and operational activities relating to handling, preparing, treating, conditioning, transporting, storing, and disposing of radioactive waste.

The City shall have a public legal personality and financial and administrative independence, and shall report to the Minister. Its headquarters shall be in the city of Riyadh, and it may, pursuant to a Board decision, establish branches or offices within the Kingdom or abroad.

The aim of the City is to become a distinguished scientific and research center that contributes to the Kingdom’s progress through research and development in areas related to the peaceful uses of atomic energy and renewable energy applications and contributes to building national capacities, promoting the localization of technology in such areas to be part of the development of local content, and providing relevant services and activities in accordance with best international practices, including providing all types of support and services to facilitate related activities.

Without prejudice to the statutory powers of other government agencies, the City shall, in order to achieve its objectives, undertake the following duties:

1. Participate in developing national plans related to the peaceful uses of atomic energy and its technologies as well as renewable energy applications and technologies, set the strategic plans necessary for their implementation, and propose laws and regulations related to its functions.

2. Conduct research and studies in fields and applications related to its functions, and utilize such research and studies to promote local content.

3. Maximize intellectual capital, encourage the registration and utilization of intellectual property rights and industrial models related to its functions, and participate in regulating the same, in coordination with relevant authorities, in order to maximize their contribution to the national economy.

4. Develop programs to incentivize the private sector to support research and innovation programs, and build human capacities and local content, in the fields and applications related to its functions.

5. Prepare standards related to atomic energy fields and renewable energy applications in coordination with relevant authorities.

6. Provide technical and advisory services to support the peaceful uses of atomic energy and renewable energy applications, and increase their contribution to the energy mix.

7. Manage radioactive waste at the national level.

8. Prepare periodic scientific reports relating to its functions, and cooperate with relevant entities in this regard.

9. Organize exhibitions, conferences, programs, training courses, seminars, and work sessions in fields and applications related to its functions.

10. Grant scholarships and offer training programs to develop national capacities and improve research and scientific capabilities in the fields and applications related to its functions.

11. Raise awareness in the fields and applications related to its functions.

12. Cooperate and exchange experiences with regional and international universities, research centers, institutions, agencies, and organizations, and consulting firms inside the Kingdom and abroad, in the fields and applications related to its functions.

13. Communicate and cooperate with international parties to utilize the experiences of other countries in fields and applications related to its functions.

14. Conclude agreements with international and regional bodies in accordance with applicable legal procedures to benefit from the best technologies, systems, research, and scientific studies, in the fields and applications related to its functions.

15. Invest its funds and resources in projects related to its functions to achieve financial returns.

16. Any other duties approved by the Board relating to its objectives.

The City shall have a board of directors comprising the Minister, as chairman, and the following members:

1. A representative from the Ministry of Energy.

2. A representative from the Ministry of Foreign Affairs.

3. A representative from the Ministry of Commerce.

4. A representative from the Ministry of Health.

5. A representative from the Ministry of Environment, Water, and Agriculture.

6. A representative from the Ministry of Finance.

7. A representative from the Ministry of Education.

8. A representative from the Ministry of Industry and Mineral Resources.

9. A representative from the Research, Development, and Innovation Authority.

10. A representative from the National Security Center.

11. A representative from King Abdulaziz City for Science and Technology.

12. The CEO

Representatives of government agencies shall be of a rank not lower than grade “Fourteen” or its equivalent.

The Board shall be the City’s highest authority. It shall oversee the City’s affairs, and may, within the limits of this Statute, make the decisions and implement the procedures it deems appropriate to achieve the City’s objectives, particularly the following:

1. Approving the general policies for the activities of the City as well as the plans and programs necessary for their implementation, and submitting the same for completion of required procedures.

2. Approving the City's financial and administrative regulations as well as other internal regulations, provided that approval of the administrative regulations is made in agreement with the Ministry of Human Resources and Social Development, and approval of the financial regulations and the provisions with financial impact in the administrative regulations is made in agreement with the Ministry of Finance.

3. Approving the City's organizational structure.

4. Determining the fees for relevant services and activities provided by the City, in a manner which is not inconsistent with laws and instructions.

5. Approving the City's draft annual budget, final accounts, and annual report as well as the auditor's report, in preparation for completion of necessary action.

6. Approving the City’s annual work plan and operational plans.

7. Approving the conclusion of agreements and contracts, as per applicable legal procedures.

8. Accepting gifts, donations, grants, bequests, and endowments, in accordance with relevant statutory provisions.

The Board may form committees to perform certain tasks, and may delegate certain powers to any of its members.

1. Board meetings shall be held at the City’s headquarters, and may, when necessary, be held elsewhere inside the Kingdom or abroad.

2. The Chairman of the Board may, in his absence, delegate any Board member other than the CEO to chair Board meetings.

3. The Board shall convene at least four times a year upon an invitation by the Chairman, and when necessary or if requested by at least four of its members. The invitation shall include the meeting agenda.

4. A Board meeting shall be valid if attended by the majority of its members, including the Chairman or his designee. Decisions shall be passed by the majority vote of attending members. In case of a tie, the meeting chairman shall have the casting vote.

5. Meetings may be held and decisions may be voted on using electronic means, when necessary. In such case, decisions shall not be deemed valid unless voted on by all Board members, and shall only be effective if approved by a two-thirds majority. Such decisions shall be presented to the Board at the first subsequent meeting to be recorded in the meeting minutes.

6. A Board member may not abstain from voting nor vote by proxy.

7. Board deliberations and decisions shall be recorded in minutes signed by the meeting chairman and attending members. An objecting member may record his objection and the grounds therefor in the meeting minutes.

8. A Board member may not disclose any confidential information relating to the City he becomes privy to due to his Board membership.

9. The Board may invite experts and consultants, as it deems appropriate, to attend its meetings in a non-voting capacity.

10. The Board may pass decisions by circulation; in such case, said decisions must be unanimously approved by Board members and be presented to the Board at the first subsequent meeting to be recorded in the meeting minutes.

11. The Board shall have a secretary from among the City’s employees, to be selected by the Chairman of the Board upon the CEO’s nomination. The secretary shall carry out all the tasks of the Board secretariat, including preparing for meetings and recording deliberations and decisions as well as any other tasks assigned thereto by the Board.

The City shall have a CEO whose appointment and dismissal shall be pursuant to a Board decision. The appointment decision of the CEO shall determine his remuneration and other financial benefits. The CEO shall be in charge of the City’s management, and his duties shall be within the limits of this Statute and its regulations. The CEO shall have the following powers:

1. Supervising the City’s conduct of business and its employees.

2. Proposing general policies for the City’s activities as well as the plans and programs necessary for their implementation, and submitting the same to the Board.

3. Supervising the preparation of the City's draft budget, draft final accounts, and annual report, and submitting the same to the Board.

4. Proposing the City's organizational structure and its administrative and financial regulations and other internal regulations, and submitting the same to the Board for approval.

5. Preparing the City’s annual work plan and operational plans, and submitting the same to the Board for approval.

6. Proposing services to be rendered by the City and their corresponding fees, and submitting the same to the Board for approval.

7. Representing the City before government agencies, relevant institutions and bodies, and other entities within the Kingdom and abroad as well as before the judiciary; he may delegate such power.

8. Issuing disbursement orders in accordance with the approved budget, and taking all the financial measures necessary in accordance with applicable laws and regulations and the powers delegated to him by the Board.

9. Preparing periodic reports on the City's work, achievements, and activities as well as the challenges encountered, and submitting the same to the Board.

10. Signing agreements and contracts upon the Board’s approval, in accordance with applicable legal procedures.

11. Supervising the City’s participation in local, regional, and international conferences, seminars, meetings, and exhibitions related to its activities.

12. Issuing the decisions necessary for the implementation of the provisions of this Statute and its regulations as well as applicable rules and procedures, according to his powers.

The CEO may delegate certain duties or powers to any of the City's employees, subject to its regulations.

1. The City shall have an independent annual budget to be allocated pursuant to the arrangements for issuing the State budget.

2. The City's fiscal year shall be the same as the State’s fiscal year.

1. The City's resources shall consist of the following:

• a) Funds allocated thereto in the State budget.

• b) Fees received for the services and activities it provides.

• c) Donations, gifts, endowments, bequests, and grants accepted by the Board.

• d) Returns on the investment of its funds.

• e) Any other financial resources approved by the Board

2. The City’s funds shall be deposited in the Ministry of Finance’s current account with the Saudi Central Bank. Disbursement from such funds shall be made in accordance with the City’s approved annual budget.

3. The City shall open an account with the Saudi Central Bank, and it may open other accounts with any of the banks licensed to operate in the Kingdom. Disbursement from said accounts shall be made in accordance with the City’s approved budget and its regulations.