case exhibitions without first receiving an approval from the committee stated in clause (second) of these controls. The measures also include the formation of a committee at the Ministry of Commerce and Industry from the Ministry of Municipal and Rural Affairs, the Saudi Arabian Monetary Agency and the General Authority for Housing. The committee shall carry out tasks including the consideration of applications for the practice of real estate development activity; setting out conditions for technical and financial qualification for real estate developers; setting out conditions for the rights of consumers and conditions for operation at joint utilities at the project of real estate development and setting out conditions for disclosure of information on sold real estate units and the mechanism for the protection of consumers from the sale by developers and brokers of a real estate unit to more than one buyer. --More
