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Saudi's Shoura Council approves draft competition law

A draft law aimed at preventing the abuse of power and influence for the sake of personal interests in order to protect public wealth has been approved by Saudi Arabia's Shoura Council.

The council session, chaired by Deputy President Abdullah Bin Salem, passed the draft competition and government procurement law, according to a report in the Saudi Gazette.

The draft law, which is made up of 97 articles, will also regulate procedures related to business and procurement.

The report said discussions began on a draft law for the periodic inspection of vehicles, presented by Ali Aseeri, chairman of the security affairs committee. It was agreed to carry this one forward to investigate proposals and suggestions by members.