The Authority shall have a Board of Directors composed as follows:
1- A President appointed by a decree from the President of the Council of Ministers based on a proposal from the Council of Economic and Development Affairs.
2- The Chief Executive Officer. (Member)
3- No less than five representatives from government entities and the private sector or from either of them. (Members)
The President of the Council of Economic and Development Affairs shall nominate the members referred to in paragraph (3) of this article, based on a proposal from the Chairman of the Authority's Board of Directors, and their appointment shall be issued by a decree from the President of the Council of Ministers, with their membership in the Board lasting for (three) years, renewable once.