Councils

Council of Competitiveness
Council of Competitiveness

Consistent with the economic policy which is based on the principles of competition which is adopted by the Kingdom of Saudi Arabia due to considerable developments are taking place in the economic arena. To strengthen the climate of competition in the business sector, a Royal Decree No. M/25 has been issued on 4/5/1425H approving the Competition Law.

For implementing this Law a Royal Order No A/292, dated 6/9/1426H was issued regarding the formation of the Council of Competition Protection.

The Council of Competition Protection is an independent council which is in charge of supervising the implementation of the Competition Law that aims specifically at protecting and encouraging fair competition and combat monopolistic practices that affect Lawful competition.

In order to achieve these goals, the Council performs a number of functions and duties such as approving the merger and acquisition of firms that resulting in a dominant position in the market, Ordering investigation, collecting evidences pertaining to complaints practices in violation of provisions of the Competition Law, and ordering prosecution.
The Council of Competition Protection will maintain the competitive environment for the business sector with justice and transparency in the local markets, which would enable businesses to compete freely as well as enable the consumers to benefit from the fair competition.

As per the wish to increase awareness of the importance of competition and spreading the competition culture, the Council will communicate with the Business Sector practicing in the Saudi Market. The Council will explain the rights and commitments of the Business Sector in accordance with the Competition Law by means of preparing and holding introductory workshops and seminars.

http://www.ccp.org.sa/
5729 Riyadh 11127
+966 11 4774312
+966 11 4776939
Council of Saudi Chambers
Council of Saudi Chambers

The Council for Saudi Chambers of Commerce and Industry is the official federation for the 28 Saudi Chambers. The Council was formed as per the Royal Decree # R/6 dated 30/04/1400 Hijri (March 1980) with its head office in Riyadh. Its main objective is to observe the common interests of the Saudi Chambers, represent them on local and international levels and assist in the enhancement of the private sector’s role in the development of the national economy.

When the Council formed its executive arm, the General Secretariat of the Council, it started its actual tasks as of 1401 H (1981). Since then, the Council took good strides towards the realization of the objectives assigned to it.

The key role of the Council is to serve the common interests of the Saudi Chambers, support the development of the private sector and enhance its role in the national development.

The Council managed, through the support of the Chambers and relevant government authorities, to realize a large portion of its objectives in different fields.

+966 11 2182151
+966 11 2182249
Majlis Ash-Shura
Majlis Ash-Shura

Majlis Ash-Shura

63393 riyadh 11212
+966 11 4821666
+966 11 4816985
The Council of Cooperative Health Insurance
The Council of Cooperative Health Insurance

The Council of Cooperative Health Insurance

94764 Riyadh 11614
+966 11 4878600
+966 11 4870071
The Supreme Economic Council
The Supreme Economic Council

The Supreme Economic Council

http://www.sec.gov.sa
94737 riyadh 11614
The Supreme Judicial Council
The Supreme Judicial Council

The Supreme Judicial Council

+966 11 2884333
+966 11 4829802
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