Saudi King Orders Payout To State Employees, Reshuffles Cabinet

This document is part of the source library for NRGI's 2017 Resource Governance Index, a comprehensive measure of the quality of natural resource governance in oil, gas and mineral-rich countries. To access the full dataset and all other index resources, visit https://resourcegovernanceindex.org.

Data and Resources

Additional Info

Field Value
Sector Oil and Gas
Country Saudi Arabia
Year 2015
RGI Edition Year 2017
Topic Contract transparency and monitoring, Licensing and negotiation, Revenue management, State-owned enterprises
Document Type Newspaper Article
RGI Sub-component Licensing
RGI Questions 1.1.3a: Is the government required to set pre-defined criteria by which companies become qualified to participate in a licensing process?,
1.1.3b: Prior to each licensing process, is the licensing authority required to disclose a list of biddable terms or negotiable terms?,
1.1.3c: Prior to each license process, is the licensing authority required to disclose the rules governing the licensing process, such as auction or negotiation rules?,
1.1.5a: Following each licensing process, is the licensing authority required to disclose the list of companies that submitted license applications (in the case of a first-come, first served; or negotiation round) or bids (in the case of an auction)?,
1.1.5b: Following each licensing process, is the licensing authority required to publicly disclose the identity of the winning bidder or applicant?,
1.1.5c: Following the licensing process, is the licensing authority required to publicly disclose the list of areas or blocks allocated?,
1.1.5d: Are there rules that companies can follow to appeal licensing decisions?,
1.1.10d: Is the legislature required to ratify licenses/contracts?,
1.4.1a: Are there rules governing fiscal transfers between the government and the SOE?,
1.4.3a: Is the SOE required to publicly disclose annual reports containing information on its finances and operations?,
1.4.3b: Do rules require a periodic audit of the SOE's financial statements by an external body?,
1.4.3c: Is the SOE required to submit annual reports to the legislature on its commercial, non-commercial (i.e. regulatory) and non-operational activities (i.e. activities not related to resource extraction)?
Did this document contribute to RGI scoring? Used for scoring
Are the RGI questions here tagged with law and/or practice Law
Publisher Gulf Business News
Author
Source or API link http://gulfbusiness.com/saudi-king-orders-payout-state-employees-reshuffles-cabinet/
Maintainer Natural Resource Governance Institute
Maintainer Email Natural Resource Governance Institute