Royal decree appoints Abdulrahman bin Saleh al-Harkan as governor of the General Authority for State Properties

Abdulrahman bin Saleh Al-Harkan, Governor of the Public Authority for State Properties

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Dr. Abdulrahman bin Hamad bin Saleh Al-Hurkan was appointed Governor of the General Authority for State Properties at the prestigious rank.

A royal order was issued on Sunday, appointing Dr. Abdulrahman bin Hamad bin Saleh Al-Hurkan as Governor of the General Authority for State Properties.

Dr. Al-Harkan holds bachelor's, master's and doctoral degrees in architecture and executive management from King Saud University and the University of Michigan, Ann Arbor, Michigan, USA.

Dr. <Dr. Al-Harkan has been a member of a number of boards of directors for several companies and institutions including: Alinma Bank, Saudi Housing Finance Company, Sulaiman Al Rajhi Endowments Holding Company, Al Rajhi Investment Company, Al Balad Al Amin, and Makkah Public Transport Company. He is also a member of the executive, audit, nomination, risk, credit and investment committees. He also chairs the board of directors of the Saudi Egyptian Development Company.

The General Authority for State Properties was established based on the Saudi Cabinet's approval to transform the State Property Department into a public authority on September 4, 2018, following a recommendation from the Council of Economic and Development Affairs.

In December 2020, the Council of Ministers, chaired by the Custodian of the Two Holy Mosques, issued Decision No. (266) approving the regulation of The General Authority for State Properties, in addition to being <a style="color: #993300;" href="https://amlak. - in agreement with the Ministry of Finance - the authority to conclude financing contracts and agreements, including loan contracts, debt instruments such as sukuk and the like, until the issuance of the state real estate system.

The regulation empowers the General Authority for State Real Estate. The regulation enables the Authority to move forward towards achieving its strategic objectives towards protecting state real estate, maximizing its developmental and economic role, and raising its productive efficiency.

On April 6, 2021, the Saudi Council of Ministers approved the rules for monitoring state properties and removing encroachments.

On April 6, 2021, the Saudi Council of Ministers approved the rules for monitoring state properties and removing encroachments.