The Custodian of the Two Holy Mosques Chairs Cabinet Session

Aleqtsad. Riyadh

Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al-Saud chaired the Cabinet session held today in Jeddah.
The Custodian of the Two Holy Mosques briefed the Cabinet on the recent talks held by Saudi Arabia with a number of countries on joint relations, regional issues, and global developments.
The Cabinet reaffirmed the Kingdom’s firm positions vis-à-vis the need to establish security and stability in the region and the world, and reiterated its constant call on the international community to assume its responsibility and stop Israeli attacks on civilians in Gaza Strip, and support the Palestinians’ right to self-determination and an independent state on the 1967 borders, with East Jerusalem as its capital.
In a statement to the Saudi Press Agency after the session, Minister of Media Salman bin Yousef Al-Dossary said that the Cabinet praised the outcome of the second ministerial meeting of the GCC-Central Asia Strategic Dialogue, and stressed the Kingdom’s commitment to fostering stronger communication channels with various nations around the world, and to promoting coordination, including within multilateral frameworks.
The Cabinet welcomed the participants in the upcoming special meeting of the World Economic Forum taking place in Riyadh on April 28 and 29, which underscores the Kingdom’s commitment to strengthening international cooperation and addressing global challenges.
The Cabinet also welcomed the World Bank’s decision to designate Saudi Arabia as a knowledge center for disseminating global economic reform practices, a recognition that reflects the Kingdom’s significant progress in global competitiveness indicators.
The Cabinet highlighted the achievement of five Saudi cities that secured high rankings in the 2024 International Institute for Management Development’s Smart Cities Index, an accomplishment that is testimony to the ongoing development and prosperity the Kingdom is experiencing in various sectors.
The Cabinet tackled other items on its agenda, and issued several decisions, among which the following:
First:
Approving a memorandum of understanding for cooperation in the field of sports and youth between the government of the Kingdom of Saudi Arabia and the government of the State of Qatar.
Second:
Approving a general cooperation agreement between the Kingdom of Saudi Arabia and the Dominican Republic.
Third:
Approving a memorandum of understanding between the Saudi Ministry of Environment, Water and Agriculture and the Centre for Environment, Fisheries and Aquaculture Science (Cefas) under the UK Department for Environment, Food and Rural Affairs (Defra) for marine environment protection cooperation.
Fourth:
Approving a memorandum of understanding between the Saudi Ministry of Finance and the Turkish Ministry of Treasury and Finance to strengthen cooperation in the financial field.
Fifth:
Approving a memorandum of understanding between the Kingdom of Saudi Arabia and the Republic of Chad for technical cooperation in the field of mining.
Sixth:
Approving a memorandum of understanding between the Saudi Ministry of Tourism and the Portuguese Ministry of Economy and Maritime Affairs in the field of tourism.
Seventh:
Approving a memorandum of understanding between the Kingdom of Saudi Arabia and the government of the Hong Kong Special Administrative Region of the People’s Republic of China to encourage direct investment.
Eighth:
Approving a memorandum of understanding between the Saudi Nuclear and Radiological Regulatory Commission and the Yemeni National Atomic Energy Commission in the field of nuclear safety and radiation prevention.
Ninth:
Authorizing the minister of economy and planning, and chairman of the general authority for statistics, or a deputy, to discuss and sign with the Australian side a memorandum of understanding between the Saudi General Authority for Statistics and the Australian Bureau of Statistics.
Tenth:
Authorizing the minister of transport and chairman of the board of directors of the Transport General Authority (TGA), or a deputy, to discuss and sign with the Egyptian side a draft memorandum of understanding for cooperation between TGA and the Egyptian Ministry of Transport regarding the transport of passengers in the Gulf of Aqaba.
Eleventh:
Approving a memorandum of understanding between the Saudi Oversight and Anti-Corruption Authority and the Supreme Prosecutors’ Office of the Republic of Korea to prevent and combat corruption.
Twelfth:
Approving a cooperation agreement between the Saudi National Center for Archives and Records and the General State Archives of Greece in the field of document archiving.
Thirteenth:
Approving a cooperation agreement between the Saudi Central Bank and the Monetary Authority of Singapore in the field of financial technology and innovation.
Fourteenth:
Authorizing the chairman of the board of directors of the King Abdulaziz City for Science and Technology, or a deputy, to discuss and sign with Bahamas’ ministries of tourism, and investment and aviation, and the Grand Bahama a draft memorandum of understanding for cooperation in the field of science and technology.
Fifteenth:
Approving that UBS AG Bank of Switzerland open branches in the Kingdom of Saudi Arabia.
Sixteenth:
Approving a unified by-law concerning land transport among the Gulf Cooperation Council countries