A Cabinet session
The Council of Ministers approved today, Jan. 13, in a session chaired by King Salman bin Abdulaziz, an amendment to the Commercial Franchise Law.
The amendment waives a specific requirement within the law for certain franchisors and franchisees. This exemption will be implemented based on a set of criteria outlined in the Cabinet decision, the Saudi Press Agency (SPA) reported.
The council also approved several memorandums of understanding across multiple sectors.
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