1 Day
Source:
البلاد
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Investment Committee gains broader authority
The Council of Ministers approved amendments to the organizational arrangements of the National Investment Committee at the Council of Economic and Development Affairs, aimed at facilitating the achievement of investment targets from all sources. The modifications included adding the phrase "and review after approval," revising some expressions to ensure more effective decisions, as well as deleting certain provisions and reorganizing them, and changing the mechanism for appointing members of the Tourism Sustainability Center to be by order of the Prime Minister. The committee is responsible for monitoring and developing the investment environment in the Kingdom and enhancing its attractiveness.
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