Saudi Arabia issues 8 new decisions, including amending the finance companies’ monitoring system


Ramallah – Dunya Al Watan
Yesterday, Tuesday, the Saudi monarch, King Salman bin Abdulaziz Al Saud, announced eight new decisions, including amending the regulation for monitoring finance companies.The Saudi Council of Ministers held a videoconference session, chaired by King Salman bin Abdulaziz, during which he briefed the Saudi monarch, during which he briefed the Council of Ministers on the content of the message he received from Sultan Haitham bin Tariq, Sultan of Oman, which related to the bilateral relations that bind the two countries, and ways to support them. and strengthening it in all areas.

And the Saudi Press Agency reported, this evening, Tuesday, that the Saudi Cabinet had concluded:

1- Authorizing the Minister of Foreign Affairs to discuss with the Honduran side a draft general agreement for cooperation between the two countries, and to submit the final signed copy, in order to complete the regular procedures.

2- Authorizing the Minister of Information to discuss with the Vietnamese side a draft memorandum of understanding for cooperation in the media field between the two sides, and to submit the final signed copy, with the aim of completing the regular procedures.

3- Approval of a memorandum of understanding between the Saudi Communications Commission and its Sudanese counterpart in the field of communications, information technology and mail.

4- Adding a representative from the Ministry of Energy to the Real Estate Contributions Committee, which was formed by Cabinet Resolution No. 130.

5- Amending the second paragraph of Article 35 of the Finance Companies Control Law, with regard to increasing the penalty for violators of this system.

6- The appointment of Eng. Khalil bin Ibrahim Al-Watban, as a representative of the Ministry of Economy and Planning, on the Board of Directors of the Saudi General Civil Aviation Authority.

7- Approving the two final accounts of the Saudi Industrial Development Fund for the previous two fiscal years.

8- Approval of the promotion of Muhammad bin Hassan Al-Osaimi to the position of Regulatory Expert A, rank 15, in the Experts Authority in the Council of Ministers.


Please enter your comment!
Please enter your name here