ARTICLE 23
POWERS OF THE BOARD
املﺎدة 3 2
ﺻﻼﺣﻴﺎت ا�جﻠﺲ
1. The Board shall have all authorities and
powers required to manage the Company’s
business affairs, to act on behalf of
Company, with necessary powers to draw
the Company’s policy to be followed to
achieve its objectives. Such powers and
actions shall not be limited except as
provided by these Articles of Association or
a Special Resolution of the General
Assembly as within the powers of the
Company’s General Assembly or the
Authority. The Board has the right to
1 . ﻟﻠﻤﺠﻠﺲ �ــﺎﻓــﺔ اﻟﺴـــــــــــــﻠﻄــﺎت �� إدارة اﻟﺸـــــــــــــﺮﻛــﺔ
واﻟﻘﻴﺎم ﺑ�ﺎﻓﺔ اﻷﻋﻤﺎل واﻟﺘﺼـــــــﺮﻓﺎت ﻧﻴﺎﺑﺔ ً ﻋ��ﺎ
و هﻮ اﻟﺴــــﻠﻄﺔ ا�خﺘﺼــــﺔ ﺑﺮﺳــــﻢ اﻟﺴــــﻴﺎﺳــــﺔ اﻟ�ي
�ﺴـــــــــــ�� ﻋﻠ��ﺎ اﻟﺸـــــــــــﺮﻛﺔ ﻟﺘﺤﻘﻴﻖ أﻏﺮاﺿـــــــــــهﺎ، وﻻ
ﻳﺤﺪ ﻣﻦ هﺬﻩ اﻟﺴـــــــﻠﻄﺎت واﻟﺼـــــــﻼﺣﻴﺎت إﻻ ﺑﻤﺎ
ﻧُﺺ ﻋﻠﻴـــﮫ ﺻـــــــــــــﺮاﺣـــﺔ �� هـــﺬا اﻟﻨﻈـــﺎم أو ﺑﻘﺮار
ﺧــﺎص ﻣﻦ ا�جﻤﻌﻴــﺔ اﻟﻌﻤﻮﻣﻴــﺔ ﻟﻠﺸـــــــــــــﺮﻛــﺔ ﻋ��
اﻋﺘﺒـــﺎرﻩ ﻣﻦ اﺧﺘﺼــــــــــــــــﺎص ا�جﻤﻌﻴـــﺔ اﻟﻌﻤﻮﻣﻴـــﺔ
ﻟﻠﺸﺮﻛﺔ أو ا�جهﺎز .
و�ﻤﺎرس ا�جﻠﺲ ﺟﻤﻴﻊ اﻻ ﺧﺘﺼـــﺎﺻـــﺎت اﻟﻼزﻣﺔ
ﻟﺬﻟﻚ وﻟﮫ ﻋ�� وﺟﮫ ا�خﺼــﻮص وﻟيﺲ ا�حﺼــﺮ
ﻣﺎ ﻳﺄ�ﻲ :
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assume and carry out all necessary
authorizations, including for example,
without limitation:
a. Take all decisions and perform all deeds
and acts on behalf of the Company to
carry out the objectives of the
Company;
أ. ا ﺗـﺨـــــــﺎذ �ـــــــﺎﻓـــــــﺔ اﻟـﻘـﺮارات واﻟـﻘـﻴـــــــﺎم ﺑـ�ـــــــﺎﻓـــــــﺔ
اﻷﻋﻤﺎل واﻟﺘﺼﺮﻓﺎت املﻄﻠﻮ�ﺔ ﺑﺎﻟﻨﻴﺎﺑﺔ ﻋﻦ
اﻟﺸﺮﻛﺔ وذﻟﻚ ﻟﺘﺤﻘﻴﻖ أﻏﺮاض اﻟﺸﺮﻛﺔ .
b. Enter into commercial transactions
and/or contracts for maintaining or
upgrading existing infrastructure, or
procurement related contracts
necessary to achieve the objectives of
the Company.
ب . اﻟـــــﺪﺧﻮل �� ﻋﻤﻠﻴـــــﺎت ﺗﺠـــــﺎر�ـــــﺔ و/أو ﻋﻘﻮد
ﻟﺼـــــــــــــﻴــــــﺎﻧــــــﺔ أو ﺗﺤﺴـــــــــــــ�ن اﻟﺒنﻴــــــﺔ اﻟﺘﺤﺘﻴــــــﺔ
ا�حــــــﺎﻟﻴــــــﺔ أو ﻋﻘﻮد ﻣﺘﻌﻠﻘــــــﺔ ﺑــــــﺎﻟﺘﻮر�ــــــﺪات
واﻟﻀﺮور�ﺔ ﻟﺘﺤﻘﻴﻖ أهﺪاف اﻟﺸﺮﻛﺔ.
c. Appoint any representative or
lawyer/legal consultant to represent
the Company in any court or tribunal of
the State or court or any other
international arbitration tribunal, with
powers to defend, institute, prosecute
and pursue all kinds of cases or legal
procedures and take all such steps in
the said proceedings as may be
authorized by the Board.
ج . �ﻌﻴ�ن أي ﻣﻤﺜﻞ أو ﻣﺤﺎم/ﻣﺴتﺸﺎر ﻗﺎﻧﻮ�ﻲ
ﻟﺘﻤﺜﻴﻞ اﻟﺸــــــــﺮﻛﺔ أﻣﺎم أي ﻣﺤﻜﻤﺔ أو هﻴﺌﺔ
ﺗـﺤـﻜـﻴـﻢ �ـ� اﻟـــــــﺪوﻟـــــــﺔ أو أي هـﻴـﺌـــــــﺔ ﺗـﺤـﻜـﻴـﻢ
دوﻟﻴــﺔ ﻣﻊ ﺻـــــــــــــﻼﺣﻴــﺔ اﻟــﺪﻓــﺎع ورﻓﻊ وﺗﻨﻔﻴــﺬ
وﻣﺘﺎ�ﻌﺔ �ﺎﻓﺔ أﻧﻮاع اﻟﻘﻀـﺎﻳﺎ أو اﻹﺟﺮاءات
اﻟﻘــﺎﻧﻮﻧﻴــﺔ واﺗّﺨــﺎذ �ــﺎﻓــﺔ ا�خﻄﻮات اﻟﻼزﻣــﺔ
ﺑﺨﺼــــــﻮص ﺗﻠﻚ اﻹﺟﺮاءات ﺑﺤﺴــــــﺐ ﻣﺎ هﻮ
ﻣﺮﺧﺺ ﻟﮫ ﻣﻦ ﻗﺒﻞ ا�جﻠﺲ.
d. Negotiate and enter into loan
agreements for any term within the
Borrowing Cap.
د . اﻟـــﺘـــﻔـــــــﺎوض و�ﺑـــﺮام ﻋـــﻘـــﻮد اﻟـــﻘـــﺮوض ﻷﻳـــــــﺔ
آﺟﺎل ﺿﻤﻦ ﺳﻘﻒ اﻻ ﻗ��اض.
2. The Board must obtain a special resolution
of the General Assembly in the following
circumstances:
2 . ﻋ�� ا�جﻠﺲ ﻃﻠــــﺐ ﻗﺮار ﺧــــﺎص ﻣﻦ ا�جﻤﻌﻴــــﺔ
اﻟﻌﻤﻮﻣﻴﺔ �� ا�حﺎﻻت اﻟﺘﺎﻟﻴﺔ:
a. If the Board seeks to secure third party
financing in excess of the Borrowing
أ. �� ﺣــــــﺎل ﻗﻴــــــﺎم ا�جﻠﺲ ﺑــــــﺎ�حﺼـــــــــــــﻮل ﻋ��
ﺗﻤﻮ�ـــــــﻞ ﻣﻦ اﻟﻐ�� ﺑﻤﺒﻠﻎ ﻳﺘﺠـــــــﺎوز ﺳـــــــــــــﻘﻒ
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Cap or pledges any assets of the
Company as security or collateral.
اﻻﻗ��اض ، أو رهﻦ أي ﻣﻦ أﺻــﻮل اﻟﺸــﺮﻛﺔ
ﻛﻀﻤﺎن أو ﺗﺄﻣ�ن.
b. For all new investments as
contemplated by the Company
objectives, including power plants and
power supply projects, renewables,
water dispensation, sewage, water
production and wastewater treatment
plants, desalination plants, and related
infrastructure. However, the
development, deployment or
procurement of similar equipment
relating to existing services shall not be
considered as a new investment,
provided that capital expenditures do
not exceed the amount set by the
Authority by virtue of a resolution
issued in relation thereto.
ب . ﻟ�ﻞ اﻻﺳــتﺜﻤﺎرات ا�جﺪﻳﺪة ﺿــﻤﻦ أﻏﺮاض
اﻟﺸـــــــــــــﺮﻛـﺔ، ﺑﻤـﺎ �ﺸـــــــــــــﻤـﻞ ﻣﺤﻄـﺎت اﻟﻄـﺎﻗـﺔ،
وﻣﺸـــــــــــــــــــﺎريـــﻊ ﺗـــﺰو�ـــــــﺪ اﻟـــﻄـــــــﺎﻗـــــــﺔ، واﻟـــﻄـــــــﺎﻗـــــــﺔ
املﺘﺠـــــﺪدة، وﺗﺼـــــــــــــﺮ�ﻒ املﻴـــــﺎﻩ، وا�جـــــﺎري،
و�ﻧﺘــــﺎج املﻴــــﺎﻩ، وﻣﺤﻄــــﺎت ﻣﻌــــﺎ�جــــﺔ املﻴــــﺎﻩ،
وﻣــﺤــﻄـــــــﺎت اﻟــﺘــﺤــﻠــﻴـــــــﺔ، واﻟــﺒــنــﻴـــــــﺔ اﻟــﺘــﺤــﺘــﻴـــــــﺔ
املﺘﻌﻠﻘﺔ ��ﺎ. ﻋ�� أن أي ﺗﻄﻮ�ﺮ أو �ﺸــــــﺮ أو
ﺗﻮر�ــﺪ ﻣﻌــﺪات ﻣﻤــﺎﺛﻠــﺔ ﻣﺘﻌﻠﻘــﺔ ﺑــﺎ�خــﺪﻣــ ﺎت
ً ا�حﺎﻟﻴﺔ ﻻ �ﻌﺘ�� اﺳــــــتﺜﻤﺎرا ﺟﺪﻳﺪاً، ﺷــــــﺮط
ﻋﺪم ﺗﺠﺎوز املﺼـــــــﺎر�ﻒ اﻟﺮأﺳـــــــﻤﺎﻟﻴﺔ املﺒﻠﻎ
املــﻘــﺮر ﻣــﻦ ﻗــﺒـــــــﻞ ا�ــجــهـــــــﺎز ﺑــﻤــﻮﺟـــــــﺐ ﻗــﺮار
ﻳﺼﺪرﻩ �� هﺬا اﻟﺸﺄن.
c. For all investments outside the normal
course of operations, including
investments in new projects outside the
water, electricity, renewables, drainage,
sewage, and sanitation services, even if
such opportunities are considered by
the Board to be connected with or
ancillary to any of the objectives of the
Company.
ج . ﻟ�ــﻞ اﻻﺳـــــــــــــتﺜﻤــﺎرات ا�خــﺎرﺟــﺔ ﻋﻦ اﻟﻨﻄــﺎق
املﻌﺘـﺎد ﻟﻠﻌﻤﻠﻴـﺎت، ﺑﻤـﺎ �� ذﻟـﻚ اﻻﺳـــــــــــــتﺜﻤـﺎر
�� ﻣﺸـــــــــــــــــﺎريﻊ ﺧـــــﺎرﺟـــــﺔ ﻋﻦ ﻣﺠـــــﺎﻻت املﻴـــــﺎﻩ
واﻟﻜهﺮ�ــــﺎء واﻟﻄــــﺎﻗــــﺔ املﺘﺠــــﺪدة واﻟﺼـــــــــــــﺮف
اﻟﺼـــــــــــــ�� وﺧــــﺪﻣــــﺎ��ــــﺎ، ﺣ�ى ﻟﻮ �ــــﺎﻧــــﺖ ﺗﻠــــﻚ
اﻟﻔﺮص اﻋﺘ��ت ﻣﻦ ﻗﺒﻞ ا�جﻠﺲ ﻣﺘﺼـــــــــﻠﺔ
أو ﻣﺮﺗﺒﻄﺔ ﺑﺄي ﻣﻦ أ�ﺸﻄﺔ اﻟﺸﺮﻛﺔ.
d. For any investment that deviates from
the Company’s objectives, as set out in
these Articles.
د . ﻷي ﻣﻦ اﻻﺳتﺜﻤﺎرات ا�خﺎرﺟﺔ ﻋﻦ أﻏﺮاض
اﻟﺸﺮﻛﺔ ﻛﻤﺎ �� ﻣﺤﺪدة �� هﺬا اﻟﻨﻈﺎم.
3. The Company must seek Authority consent
prior to engaging in any commercial activity
3 . ﻳﺠـــﺐ ﻋ�� اﻟﺸـــــــــــــﺮﻛـــﺔ ا�حﺼـــــــــــــﻮل ﻋ�� ﻣﻮاﻓﻘـــﺔ
ا�جهﺎز ﻗﺒﻞ اﻻﺷــــــــ��اك � ��ﺸــــــــﺎط ﺗﺠﺎري ﺧﺎرج
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abroad, with the exception of procurement
of supplies or materials that are necessary
to maintain or upgrade existing projects
and services.
اﻟﺪوﻟﺔ، ﺑﺎﺳــــــــــــﺘثﻨﺎء ﺷــــــــــــﺮاء اﻹﻣﺪادات أو املﻮاد
اﻟﻼزﻣــــﺔ ﻟ�حﻔــــﺎظ أو رﻓﻊ ﻣﺴـــــــــــــﺘﻮى املﺸـــــــــــــــــﺎريﻊ
وا�خﺪﻣﺎت اﻟﻘﺎﺋﻤﺔ.
4. The Board cannot change the nature of
Company’s business activities and its
objectives, especially where that change is
contradictory to the activities stipulated in
the establishing decree of the Company.
Any amendment to the activities of the
Company will require a Special Resolution
and the written approval of the Authority.
4 . ﻻ ﻳﺠﻮز �جﻠﺲ اﻹدارة �ﻐﻴ�� ﻃﺒﻴﻌﺔ اﻷ�ﺸـــﻄﺔ
اﻟﺘﺠﺎر�ﺔ ﻟﻠﺸــــــــﺮﻛﺔ وأﻏﺮاﺿــــــــهﺎ، ﺧﺎﺻــــــــﺔ ﻋﻨﺪﻣﺎ
ﻳﺘﻌﺎرض هﺬا اﻟﺘﻐﻴ�� ﻣﻊ اﻷ�ﺸـــــﻄﺔ املﻨﺼـــــﻮص
ﻋﻠ��ﺎ�� ﻣﺮﺳﻮم ﺑﻘﺎﻧﻮن إ �ﺸﺎء اﻟﺸﺮﻛﺔ.
ﻋ�� أن أي �ﻌﺪﻳﻞ ﻋ�� أ�ﺸﻄﺔ اﻟﺸﺮﻛﺔ ﻳﺘﻄﻠﺐ
ﻗﺮارا ً ﺧﺎﺻﺎ ً وﻣﻮاﻓﻘﺔ ﺧﻄﻴﺔ ﻣﻦ ا�جهﺎز .
5. The Board shall be responsible for issuing
the organizational chart of the Company,
laying down the rules relating to
administrative financial, and technical
matters, employee affairs and their
entitlements, and likewise lay down special
regulations governing its business and
meetings, and the distribution of functions
and responsibilities amongst its members.
5 . ﻳ�ﻮن ا�جﻠﺲ ﻣﺴـــــــــــــﺆوﻻ ً ﻋﻦ إﺻـــــــــــــــﺪار اﻟهﻴ�ـــﻞ
اﻟﺘﻨﻈﻴ�ي ﻟﻠﺸــــــﺮﻛﺔ، و وﺿــــــﻊ اﻟﻘﻮاﻋﺪ ا�خﺎﺻــــــﺔ
ﺑــــﺎﻷﻣﻮر اﻹدار�ــــﺔ واملــــﺎﻟﻴــــﺔ واﻟﻔﻨﻴــــﺔ، وﺷـــــــــــــﺆون
املـﻮﻇـﻔـ�ـن وﻣﺴــــــــــــــﺘـﺤـﻘـــــــﺎ�ـ�ـﻢ، وﻛـــــــﺬﻟـــــــﻚ وﺿــــــــــــــﻊ
ﺗﻨﻈﻴﻤﺎت ﺧﺎﺻــــــــــــﺔ ﺗﺤﻜﻢ أﻋﻤﺎﻟهﺎ واﺟﺘﻤﺎﻋﺎ��ﺎ
وﺗﻮزيﻊ أﻗﺴﺎﻣهﺎ وﻣﺴﺆوﻟﻴﺎ��ﺎ ﻋ�� أﻋﻀﺎ��ﺎ.
6. The Chairman of the Board of Directors, the
vice-chairman, or other individuals duly
authorized by the Board shall individually
have the right to sign on behalf of the
Company. However, the signatures of two
authorized signatories (as determined by
the Company’s delegation of authority from
time to time as approved by the Board) shall
be required for any financial related
transaction, including but not limited to any
financial related contracts, supply and
6 . ﻳﻤﻠﻚ ﺣﻖ اﻟﺘﻮﻗﻴﻊ ﻋﻦ اﻟﺸــﺮﻛﺔ ﻋ�� ا ﻧﻔﺮاد �ﻞ
ﻣــــﻦ رﺋــــيــــﺲ ﻣــــﺠــــﻠــــﺲ اﻹدارة أو ﻧـــــــﺎﺋــــﺒـــــــﮫ أو أي
�ـــــــــــــخﺺ آﺧﺮ ﻳﻔﻮﺿـــــــــــــــــﮫ ا�جﻠ ﺲ. وﻣﻊ ذﻟـــــﻚ،
ﻳﺠــــــﺐ أن ﺗ�ﻮن ﺗﻮﻗﻴﻌــــــﺎت إﺛﻨ�ن ﻣﻦ املﻮﻗﻌ�ن
املﻌﺘﻤـــــﺪﻳﻦ )ﻛﻤـــــﺎ ﻳﺤـــــﺪدهـــــﺎ ﺗﻔﻮ�ﺾ ﺳـــــــــــــﻠﻄـــــﺔ
اﻟﺸــــﺮﻛﺔ ﻣﻦ وﻗﺖ ﻵﺧﺮ واملﻮاﻓﻖ ﻋﻠﻴﮫ ﻣﻦ ﻗﺒﻞ
ا�جـﻠـﺲ( ﻣﻄـﻠـﻮ�ـــــــﺔ ﻷي ﻣﻌـــــــﺎﻣﻠـــــــﺔ ﻣـــــــﺎﻟﻴـــــــﺔ ذات
ﺻــﻠﺔ، ﺑﻤﺎ �� ذﻟﻚ ﻋ�� ﺳــبﻴﻞ املﺜﺎل ﻻ ا�حﺼــﺮ
أي ﻋﻘﻮد ﻣـﺎﻟﻴـﺔ ذات ﺻـــــــــــــﻠـﺔ، واﺗﻔـﺎﻗﻴـﺎت ﺗﺰو�ـﺪ
وﺷـــــــــــــﺮاء، و�ﻌﻠﻴﻤــﺎت ﻟﻠﺒﻨ ﻮك أو املﺆﺳـــــــــــــﺴـــــــــــــــﺎت
املﺎﻟﻴﺔ .
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Cabinet Resolution of 2022 Approving the Articles of Association of the Etihad Water and Electricity Company, P.J.S.C 29
purchase agreements, and instructions to
banks or financial institutions.
7. Subject to prior approval by the Authority,
the Board of Directors shall have the right
to appoint and to terminate services of the
CEO, and to determine all related terms of
the appointment, including compensations
and benefits.
The Board may appoint or terminate
services of any managing director of the
Company, provided that he shall not be
CEO or general manager of another
company, such will be with prior approval
of the Authority.
7 . �جﻠﺲ اﻹدارة ا�حﻖ � ��ﻌﻴ�ن و���ـــﺎء ﺧـــﺪﻣـــﺎت
اﻟﺮﺋيﺲ اﻟﺘﻨﻔﻴـــﺬي - ﺷـــــــــــــﺮ � ﻄـــ ﺔ ا�حﺼـــــــــــــﻮل ﻋ��
املﻮاﻓﻘﺔ املﺴــــــــــﺒﻘﺔ ﻣﻦ ا�جهﺎز - وﺗﺤﺪﻳﺪ ﺟﻤﻴﻊ
ﺷـــــــــــــﺮوط اﻟﺘﻌﻴ�ن ذات اﻟﺼـــــــــــــﻠــــــﺔ ﺑﻤــــــﺎ �� ذﻟــــــﻚ
امل�ﺎﻓﺂت واﻻ ﺳﺘﺤﻘﺎﻗﺎت.
وﻟﻠﻤﺠﻠﺲ �ﻌﻴ�ن أو إ��ـــــﺎء ﺧـــــﺪﻣـــــﺎت أي ﻣـــــﺪﻳﺮً
ﻣﻨﺘﺪب ﻟﻠﺸــــــــﺮﻛﺔ ﻋ�� أﻻ ﻳ�ﻮن رﺋيﺴــــــــﺎ ً ﺗﻨﻔﻴﺬﻳﺎ
أو ﻣﺪﻳﺮا ً ﻋﺎﻣﺎ ً ﻟﺸـــــــــــﺮﻛﺔ أﺧﺮى، وذﻟﻚ ﺷـــــــــــﺮ�ﻄﺔ
ا�حﺼﻮل ﻋ�� املﻮاﻓﻘﺔ املﺴﺒﻘﺔ ﻟ�جهﺎز .
