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Article (1) Definitions

In applying the provisions of this Resolution, the same definitions contained in the aforementioned Cabinet Resolution No. (40) of 2024 shall be applied. Otherwise, the following terms and expressions shall be accorded their designated meanings, unless the context otherwise requires:

Non-profit Federal Entity: Every federal entity established in accordance with federal legislation possesses legal personality, along with financial and administrative autonomy. These entities are entrusted with specific functions, service provisions, organisational and managerial duties of public facilities, or oversight of designated sectors. They are governed in accordance with governmental regulations and protocols.

For-profit Federal Entity: Every federal entity established in accordance with federal legislation possesses legal personality and enjoys financial and administrative autonomy. These entities are entrusted with specific functions, service and products provisions, or regulatory oversight within designated sectors. They are operated on a commercial or investment basis, with the aim of achieving profitability.