Chambers of Commerce Law

The Federation shall: 1. represent the chambers in various commercial activities within the Kingdom and abroad; 2. serve the common interests of chambers, enhance their capabilities and contributions, and unify their position on issues involving commercial activities in the Kingdom; 3. promote cooperation between chambers, and between chambers and ministries, public agencies and institutions, and other relevant entities; 4. promote the contribution of the business sector to the national economy and social development programs to increase gross domestic product; 5. monitor internal and external economic changes, and analyze their impact on commercial activities in the Kingdom; 6. conduct research and studies, prepare evaluation reports on the performance of the business sector, and identify challenges facing businesses at the national level; 7. issue and publish magazines, periodicals, manuals, and other commercial publications, in accordance with statutory procedures; Chambers of Commerce Law 8. provide the chambers with updates on laws, regulations, decisions, statistics, and any directives relating to commercial activities, and classify, publish, and communicate the same to relevant agencies inside the Kingdom and abroad; 9. hold lectures, symposia, and workshops promoting national interests, in coordination with relevant agencies; 10. organize conferences and national exhibitions, and participate in international exhibitions, in coordination with the Ministry; 11. send business delegations abroad, and receive foreign business delegations, in coordination with the Ministry and relevant agencies, and notifying them of the outcomes of such visits; 12. form national committees; 13. provide chambers with technical and administrative consultations, draft model internal regulations, including administrative and financial regulations, as well as regulations relating to personnel, training, and scholarships; 14. review and provide recommendations on laws, regulations, and decisions relating to commercial activities, and participate with other agencies, if applicable, in drafting laws, regulations, plans, and policies, in coordination with the chambers; 15. support national recruitment and capacity-building programs, in coordination with the chambers and relevant agencies, and provide any necessary assistance relating to commercial activities; 16. highlight potential opportunities and investment channels, contribute to the development of business environments, and collaborate with relevant agencies, including government agencies in joint committees and in coordination councils, on establishing investment partnerships within the Kingdom and abroad to open new markets for domestic products, attract foreign investments, transfer technology and knowledge, and raise the competitiveness of the Saudi business sector; 17. promote the role of family entities in achieving the Kingdom’s economic and social development, and enhance their competitiveness in international markets; 18. provide relevant agencies with recommendations relating to commercial activities, and notify the Ministry of the same and the outcome thereof; 19. draft regulations for joint business councils with other countries to serve and develop various commercial activities at the international level, in coordination with relevant agencies, and submit the same to the Minister for approval; 20. nominate Saudi members in the joint business councils with other countries, in coordination with relevant agencies, and submit the same to the Minister for approval; 21. provide ministries, public agencies, and institutions with data, information, studies, and potential investment opportunities and publish the same; and Chambers of Commerce Law 22. seek to resolve disputes arising among chambers and between board members of the same chamber. Chapter 2: Administrative Organs