| Release Date: | 1443-12-28 |
|---|---|
| Release Tool: | Royal Decree |
| Issuance Instrument Number: | m/136 |
| Validity: | Valid |
| Summary: | By AI King Salman bin Abdulaziz Al Saud issued a decree approving the Law on State Leasing of Real Estate, which aims to regulate the leasing of real estate by government agencies, rationalize costs, and enhance transparency and efficiency. The law requires government agencies to develop an annual plan for leasing real estate in coordination with the State Properties General Authority and publish it on their website. The law stipulates the necessity of a pressing need and the approval of the authority... |