Custodian of the Two Holy Mosques Chairs Cabinet's Session

Published 30 Jan 2019
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Custodian of the Two Holy Mosques Chairs Cabinet's Session

Riyadh, SPA:
The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud chaired the Cabinet's session at Al-Yamamah Palace in Riyadh on Tuesday afternoon.

At the outset of the session, the Cabinet stressed that the Kingdom's solidarity with the Republic of the Sudan in confronting current economic challenges reflects its firm positions under the leadership of the Custodian of the Two Holy Mosques with sisterly countries and its keenness on their security and stability, appreciating in this regard the King's emphasis that Sudan's security and stability is for the Kingdom's security and stability, and his sending a ministerial delegation to strengthen economic relations and increase the trade exchange between the two countries.

The Minister of Media Turki bin Abdullah Al-Shabanah said in a statement to Saudi Press Agency (SPA) that the Cabinet commended His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Vice President of the Council of Ministers, and President of the Council for Economic Affairs and Development's inauguration of the National Industrial Development and Logistics Program. The Program is considered the most important and largest of the thirteen executive programs of the Kingdom's Vision 2030 aiming to transform the Kingdom into a leading industrial power and a global logistics platform, achieve unprecedented growth and integration between four major sectors of the Kingdom's economy including industry, mining, energy and logistics, and include more than 330 initiatives. It aims, by 2030, to increase the contribution of its four sectors in the Gross Domestic Product (GDP) to 1.2 trillion riyals, stimulate investments worth more than 1.7 trillion riyals, increase non-oil exports to more than one trillion riyals, and create 1.6 million new jobs.

The Cabinet welcomed the signing of a Memorandum of Understanding by the Kingdom of Saudi Arabia and the World Economic Forum in Davos, Switzerland, aiming at setting a framework for cooperation in various aspects and partnership with the Center being managed by the Forum and specialized in the future industry.

The Minister of Media said that the Cabinet praised the Central Banking Awards Committee (SBAC), for presenting its Best Risk Manager award to the Saudi Arabian Monetary Agency (SAMA), at the central banks level for 2018-2019.

The award was the culmination of SAMA's efforts to effectively and fully implement risk management methodology, in the organization as a whole, and to ensure that these risks are adequately managed and closely monitored.

The Cabinet also mentioned a number of reports on developments in the region and the world, reaffirming the Kingdom of Saudi Arabia's rejection of all Israeli policies, practices and plans aimed at perpetuating racial discrimination against the Palestinian people, obliterating its national identity and damaging its legitimate rights.

Referring in this context, to the statement made by the Kingdom of Saudi Arabia in its address to the UN Security Council on the situation in the Middle East, and regarding its firm positions on the Palestinian cause.

Furthermore, the Minister of Media Turki bin Abdullah Al-Shabanah stated that the Cabinet issued, at the conclusion of its session, the following resolutions:
The Cabinet approved an agreement and its annexed protocol between the Kingdom of Saudi Arabia and Georgia to avoid double taxation related to income tax and to prevent tax evasion.
A royal decree, in this regard, has been prepared.

The Cabinet approved a memorandum of understanding between the Government of Saudi Arabia and the Government of the United Arab Emirates, in the field of sport.
A royal decree, in this regard, has been prepared.

The Cabinet approved air service agreement between the Government of the Kingdom of Saudi Arabia and the Government of the Republic of Iraq.
A royal decree was prepared, in this regard.

The Cabinet approved organizing the National Center for Research and Development of Sustainable Agriculture.
A royal decree was prepared, in this regard.

The Cabinet approved the hierarchy and organizational directory of the Ministry of Transport.

The Cabinet approved appointing Dr. Abdullah bin Abdulrahman Al-Namlah, as a member of board, representing the Ministry of Finance, at the board of the Social Development Bank.

The Cabinet approved appointing the following, as members of the board of the Authority for the Care of Persons with Disabilities, for a 3-Year term:
1- Dr. Maher bin Saad Jadeed.
2- Abdullah bin Ghathian Al-Shamrani.
3- Dr. Abdulaziz bin Abdulrahman Al-Shamikh.
4- Badriyah bint Nasser Al-Nasser.

The Cabinet approved endorsing the final accounts of the Islamic University, for a previous fiscal year.

The Cabinet approved promotions to 15 and 14 ranks, as follows:
1-Abdulrahman bin Abdullah Al-Sihaibani to 15 rank, as Counselor for Military Affairs, at the Headquarters of the General Staff.
2-Waleed bin Ibrahim bin Abdullah Al-Badr to rank 15, as Administrative Counselor, at the Secretariat General of the Council of Ministers.
3-Saad bin Saeid Al Mifrij to 14 rank, as Director General of Health Affairs, at the Ministry of Health.

The Cabinet reviewed also a number of general issues on its agenda, including two annual reports from the Institute of Public Administration and the Economic Cities Authority, for a previous fiscal year.
Following taking notice of them, the Cabinet made appropriate instructions, in their regard.

Last Modified Date: 04/02/2019 - 1:20 PM Saudi Arabia Time


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