Regulatory Arrangements for the Research Development and Innovation Authority

Release Date:	1444-07-23
Issuance Instrument Number:	508
Validity:	Valid
Date of last amendment:	1446-05-03
Summary:	By AI A session was held under the chairmanship of King Salman to discuss the Research Development and Innovation Authority, where it was decided to maintain its current Board of Directors until a new board is formed, and to determine the financial compensation for services in cooperation with the Ministry of Finance. It was agreed to invest the authority's funds and ensure its financial sustainability, with the necessity of reviewing the regulations and proposing amendments within ten months. The aut...

Release Date:

1444-07-23

Issuance Instrument Number:

508

Validity:

Valid

Date of last amendment:

1446-05-03

Summary:

By AI

A session was held under the chairmanship of King Salman to discuss the Research Development and Innovation Authority, where it was decided to maintain its current Board of Directors until a new board is formed, and to determine the financial compensation for services in cooperation with the Ministry of Finance. It was agreed to invest the authority's funds and ensure its financial sustainability, with the necessity of reviewing the regulations and proposing amendments within ten months. The aut...