Competition Law
Art. 12Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. Authority employees and Board members, except for members selected for
their merits, shall be prohibited from engaging in business activities.
Authority employees shall also be prohibited from engaging in any profession
that conflicts with the Authority's work and its objectives. The Board shall
adopt the rules for disclosure and transparency.
2. The Authority shall be prohibited from receiving gifts, donations,
endowments, bequests, grants, or aid, except for those offered by
government agencies.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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