Statute of the Real Estate General Authority

Release Date:	1438-04-25
Release Tool:	Council of Ministers Resolution
Issuance Instrument Number:	239
Validity:	Valid
Date of last amendment:	1447-01-20
Summary:	By AI The Council of Ministers decided to establish the Real Estate General Authority by Decision No. (239), where the Authority will oversee non-governmental real estate activities with the aim of enhancing efficiency and encouraging investment. The decision includes transferring the supervisory authority to the Authority, compliance with regulations related to oil and energy, and defining employee regulations. The Authority enjoys legal personality and financial and administrative independence, and ...

Release Date:

1438-04-25

Release Tool:

Council of Ministers Resolution

Issuance Instrument Number:

239

Validity:

Valid

Date of last amendment:

1447-01-20

Summary:

By AI

The Council of Ministers decided to establish the Real Estate General Authority by Decision No. (239), where the Authority will oversee non-governmental real estate activities with the aim of enhancing efficiency and encouraging investment. The decision includes transferring the supervisory authority to the Authority, compliance with regulations related to oil and energy, and defining employee regulations. The Authority enjoys legal personality and financial and administrative independence, and ...