The Articles of Association of Jeddah Development and Urban Regeneration Company

Release Date:	1427-10-23
Release Tool:	Royal Decree
Issuance Instrument Number:	m/65
Validity:	Valid
Date of last amendment:	1447-03-03
Summary:	By AI Jeddah Development and Urban Development Company was established as a Saudi joint-stock company aimed at implementing urban development programs in the Al-Khazam Palace area and Jeddah, with a focus on developing informal settlements. The company's capital is 215.5 million Saudi Riyals, fully owned by the state, and the duration of the company is 50 years, renewable. The text includes legal regulations for managing the company, including how to increase or decrease capital, and the formation of ...

Release Date:

1427-10-23

Release Tool:

Royal Decree

Issuance Instrument Number:

m/65

Validity:

Valid

Date of last amendment:

1447-03-03

Summary:

By AI

Jeddah Development and Urban Development Company was established as a Saudi joint-stock company aimed at implementing urban development programs in the Al-Khazam Palace area and Jeddah, with a focus on developing informal settlements. The company's capital is 215.5 million Saudi Riyals, fully owned by the state, and the duration of the company is 50 years, renewable. The text includes legal regulations for managing the company, including how to increase or decrease capital, and the formation of ...