Regulatory Arrangements Regarding the Privatization of the Saline Water Conversion Corporation

Release Date:	1441-01-11
Issuance Instrument Number:	32
Validity:	Valid
Summary:	By AI Decision No. (32) dated 11/1/1441 AH concerns the allocation of the Saline Water Conversion Corporation, where a decision was made to separate the assets of water transport and technologies from production assets. The decision includes the establishment of a new company for water transport and technologies, determining its capital, and organizing contractual relationships with relevant parties. It also requires a study on transferring the contracts of the Saline Water Conversion Corporation to t...

Release Date:

1441-01-11

Issuance Instrument Number:

32

Validity:

Valid

Summary:

By AI

Decision No. (32) dated 11/1/1441 AH concerns the allocation of the Saline Water Conversion Corporation, where a decision was made to separate the assets of water transport and technologies from production assets. The decision includes the establishment of a new company for water transport and technologies, determining its capital, and organizing contractual relationships with relevant parties. It also requires a study on transferring the contracts of the Saline Water Conversion Corporation to t...