The National Investment Commission holds a meeting with ministries’ representatives
The NIC held a meeting in its head quarter with ministries and unrelated bodies representatives headed by Mr. Abdulla Al Bander, NIC Advisor, his assistance in the One Stop Shop Mr. Saad Mizal and head of representatives dept. in OSS.
Al Bander emphasized during the meeting on the importance of representatives role to be more active by following up letters issued by NIC regarding projects submitted to the sectoral bodies and ensure response in a time limit according to the law (15 days). They follow up technical issues with all levels.
Attendees reviewed investment law 13 of 2006 and explained article 2, first and second. NIC efforts in connecting with representatives to achieve the best mutual cooperation were also reviewed.
They discussed the necessity of granting representatives the required authority to enable them of fulfilling the investor’s documentation within the time limit. NIC informed them of meeting with their officials and explained the fundamental goals of working with the NIC and cooperate in activating legal articles and paragraphs as a sectoral body and inform NIC with any difficulty that may hinder their task especially when responding to NIC requests.