Article 7: Licensing Procedures

The applicant shall provide SAMA with any additional information or documents required by SAMA within 30 working days from the request date. In case of failure to meet the period requirement specified in paragraph (1) of this Article, SAMA may reject the license application. SAMA issues a written notice to the applicant after the completion of all the requirements set forth in the relevant rules and regulations. SAMA informs the applicant of the initial approval or justified rejection in writing within 60 working days from the date the applicant receives notification of application completeness. Such initial approval does not constitute a license or permit to carry out the activity.