Saudi Arabia’s cabinet on May 7 approved amending the law governing the National Center for Privatization & PPP (NCP), according to the Kingdom’s official gazette.

 

Under these amendments, NCP will be authorized to buy and set up firms on behalf of the Saudi government to drive privatization projects.

 

NCP will have a board of directors headed by the chairman of the privatization program committee.

 

New acquisitions and establishments should be approved by the board of directors.

 

In March 2017, Saudi Arabia had approved establishing the National Center for Privatization, Argaam reported.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Related News

National Center for Privatization completes 9 out of 17 projects, report

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
Call Request