Controls for the Contracting of Government Entities with Companies Having no Regional Headquarters in the Kingdom and with Related Parties

Release Date:	1444-06-03
Issuance Instrument Number:	377
Validity:	Cancelled
Summary:	By AI Regulations have been approved for government entities to contract with companies that do not have a regional headquarters in the Kingdom of Saudi Arabia, during a session chaired by King Salman bin Abdulaziz. The regulations include organizing contracts with foreign companies in the Middle East and North Africa, with the establishment of basic definitions. Government entities are prohibited from contracting with these companies except in accordance with the regulations, which are considered com...

Release Date:

1444-06-03

Issuance Instrument Number:

377

Validity:

Cancelled

Summary:

By AI

Regulations have been approved for government entities to contract with companies that do not have a regional headquarters in the Kingdom of Saudi Arabia, during a session chaired by King Salman bin Abdulaziz. The regulations include organizing contracts with foreign companies in the Middle East and North Africa, with the establishment of basic definitions. Government entities are prohibited from contracting with these companies except in accordance with the regulations, which are considered com...