<The draft executive regulations of the Leasing State Property The right of the Public Authority for State Property to stop the leasing process if the neighbors of the property to be leased by the government entity object before signing the contract and their reasons are valid, and the regulation set conditions when subleasing the leased property to third parties in the public interest, “Amlak” lists the most important features of the regulation:

Leasing from government agencies

The regulation authorizes the government entity wishing to rent to rent a property that meets its needs from another government entity by direct agreement in accordance with the provisions of the law.

Renting for foreign nationalities

The government entity may rent to foreign nationals in accordance with the labor contracts concluded with them that stipulate that they may be housed.

The government entity may rent to foreign nationals in accordance with the labor contracts concluded with them that stipulate that they may be housed.

Study market prices when renting

The regulation adopts the study of market prices according to the prevailing prices in the market, prices previously dealt with, price references adopted internally and externally, and any other criterion approved by the Authority, and the results of the study must include an upper limit for the expected total value of the lease.

The results of the study must include an upper limit for the expected total value of the lease.

Committees for direct agreement and bid opening

According to the regulation, one or more committees for direct agreement, one or more committees for opening bids, and one or more committees for examining bids shall be formed in the government entity.

Stop the hiring process upon objection

The Authority has the right to stop the leasing process if the neighbors of the property to be leased by the government entity object before signing the contract and their reasons are valid.

Two entities renting in one property

The regulation authorizes the Authority to offer two or more government entities to rent a single property, if this would rationalize the financial costs for the government entities and develop the utilization of the property to be rented without prejudice to the need of those entities for real estate and the nature of their work.

The regulation authorizes the Authority, when receiving requests from government entities wishing to rent a property, to offer two or more government entities to rent a single property.

11 ministries are subject to the lease system

The General Authority for State Real Estate has obligated 11 ministries to work under the executive regulations of the leasing system. The list of ministries includes health, sports, commerce, municipal and rural affairs and housing, justice, investment, education, energy, industry and mineral wealth, finance, and the Ministry of Foreign Affairs.