‎Cabinet approves restructuring of bankruptcy committee

‎Cabinet approves restructuring of bankruptcy committee ‎Cabinet approves restructuring of bankruptcy committee

​‎

A Cabinet session

The Cabinet reviewed the performance indicators of the national economy and Saudi Arabia’s credit rating upgrades by global agencies, during its session held today, March 17, in Jeddah, chaired by Crown Prince Mohammed bin Salman.

Advertisement

These improvements highlight the continued implementation of structural reforms and the provision of enablers for an unprecedented economic transformation and diversification in line with Vision 2030 objectives.

The Cabinet also discussed measures to support development and service projects, enhance the social care and protection system, and advance strategies aimed at accelerating progress, leveraging capabilities, and fulfilling the nation’s aspirations.

Additionally, the Cabinet highlighted the launch of the Saudi Architecture Map, which features 19 architectural styles representing the country’s geographical, natural, and cultural characteristics. This initiative celebrates Saudi Arabia’s architectural heritage while enhancing quality of life and improving the urban landscape in cities.

Furthermore, the Cabinet approved the restructuring of the Bankruptcy Committee, appointing Badr bin Haddab, Abdulaziz Al-Dahim, Ahmed Al-Maghames, Waseem Al-Sourani, and Musab Al-Jamaz as members.

The Cabinet also authorized the Minister of Municipal and Rural Affairs and Housing, in his capacity as Chairman of the Real Estate General Authority (REGA) – or his delegate – to discuss and sign a memorandum of understanding (MoU) with Qatar’s Real Estate Regulatory Authority (RERA) to enhance cooperation in the real estate field.

 

A Cabinet session

The Cabinet reviewed the performance indicators of the national economy and Saudi Arabia’s credit rating upgrades by global agencies, during its session held today, March 17, in Jeddah, chaired by Crown Prince Mohammed bin Salman.

These improvements highlight the continued implementation of structural reforms and the provision of enablers for an unprecedented economic transformation and diversification in line with Vision 2030 objectives.

The Cabinet also discussed measures to support development and service projects, enhance the social care and protection system, and advance strategies aimed at accelerating progress, leveraging capabilities, and fulfilling the nation’s aspirations.

Additionally, the Cabinet highlighted the launch of the Saudi Architecture Map, which features 19 architectural styles representing the country’s geographical, natural, and cultural characteristics. This initiative celebrates Saudi Arabia’s architectural heritage while enhancing quality of life and improving the urban landscape in cities.

Furthermore, the Cabinet approved the restructuring of the Bankruptcy Committee, appointing Badr bin Haddab, Abdulaziz Al-Dahim, Ahmed Al-Maghames, Waseem Al-Sourani, and Musab Al-Jamaz as members.

The Cabinet also authorized the Minister of Municipal and Rural Affairs and Housing, in his capacity as Chairman of the Real Estate General Authority (REGA) – or his delegate – to discuss and sign a memorandum of understanding (MoU) with Qatar’s Real Estate Regulatory Authority (RERA) to enhance cooperation in the real estate field.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement