Saudi Cabinet throws its support for inter-Arab investments

April 25, 2017

Riyadh, Apr 25: The Cabinet on Monday threw its support to the Arab finance ministers in their call for diversification of income sources and to promote inter-Arab investments during their meeting in Rabat.

Saudi3The Cabinet also gave their support for the finance ministers’ urging to improve the regional business environment, enhance regional economic integration and attract foreign investments.

The Cabinet’s endorsement occurred during its regular weekly meeting presided over by King Salman at Al-Yamamah Palace.

Members also focused on the Kingdom’s permanent position at the UN Security Council in its support to the Palestinian people to obtain their rights including self-determination and the establishment of an independent Palestinian state on the occupied Palestine lands, including Al-Quds, in accordance with the UN Charter and its resolutions. They also formally recalled for the record the Kingdom’s call for the Israeli withdrawal from all occupied Arab lands and to stop building settlements on the Palestinian lands since they are illegal settlements and detrimental to peace.

In other matters, the Cabinet expressed Kingdom’s thanks to the Iraqi government for its efforts in releasing the kidnapped Qataris and two Saudis.

Cabinet members also expressed the Kingdom’s strong condemnation of the terror attacks at a military base in Afghanistan, which resulted in a number of deaths and injuries, and another one that killed a police officer in Paris.

Locally, the Cabinet expressed thanks and appreciation to King Salman for issuing royal decrees on the new appointments in a number of government agencies.

The Cabinet said the restoration of the suspended or canceled financial allowances for civil servants and military personnel, based on the recommendation of deputy crown prince, demonstrated the king’s willingness to care for the public.

The king expressed thanks and appreciation to former officials for welcoming the newly-appointed officials.

The Cabinet also lauded the king’s directives on the establishment of the national security center and the payment of two months’ salary for participants in the frontlines of the “decisive storm” and “restoration of hope” operations of the personnel of the ministries of interior, defense, national guard and public intelligence.

The Cabinet also praised the king’s decision on ending exams of the second term for general and higher education before the start of the holy month of Ramadan. The decision, the Cabinet said, showed cohesion between the leadership and citizens.

Later, the Cabinet approved a series of decisions.

The Cabinet approved a memo of understanding between the ministries of health of Saudi Arabia and South Korea for cooperation in the health areas.

The Cabinet authorized the minister of labor and social development to discuss with the South Africa a draft memo of understanding on labor issues between two countries.

The Cabinet authorized the minister of transport and board chairman of the General Authority of Civil Aviation (GACA) to sign two draft agreements between Saudi Arabia and the governments of Benin and Djibouti in the area of air transport services.

The Cabinet approved a cooperation agreement on sea transport and seaports between the Saudi and Egyptian governments.

The Cabinet approved a memo of understanding for cooperation in agricultural areas between the Saudi and Egyptian ministries of agriculture.

The Cabinet agreed that the appointment of members of board of directors of Saudi Basic Industries Corp. (SABIC), who represent the government including board chairman and his deputy, be made through the general assembly of the company.

The Cabinet agreed the continuation of payment of overtime work for those occupying health jobs in hospitals, medical centers and labs at 20 percent for three years.

The Cabinet approved amendments on some articles of the Officer Service System.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Agencies
January 11,2020

Muscat, Jan 11: Oman's Sultan Qaboos bin Said has died, Aljazeera reported citing state television on Friday.

Qaboos was 79-year-old and was ill for a long time. He has served as the ruler of Oman since 1970 when he ousted his father in a bloodless coup.

Qaboos had no children and has not publicly named his successor.

Sultan Qaboos travelled to Belgium for a week in December for what was described then as "medical checks." He returned to Oman but speculations of his deteriorating health were rife.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
January 3,2020

Hong Kong, Jan 3: Oil prices soared more than four per cent Friday following claims that the US had killed a top Iranian general, ratcheting up tensions between the foes and fuelling fears of a conflict in the crude-rich region.

The head of Iran's Quds Force, Qasem Soleimani, was hit in an attack on Baghdad international airport early Friday, according to Hased, a powerful Iraqi paramilitary force linked to Tehran.

Brent surged 4.4 per cent to USD 69.16 and WTI jumped 4.3 per cent to 63.84.

“Oil prices still have room for further upside as many analysts are still having to upgrade their demand forecasts to include a rather calm period on the trade front,” Moya said, referring to the warming trade relation between China and the United States.

“President Trump is likely to take a break on being ‘tariff man’ until we get beyond the presidential election in November.”

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
KT
June 30,2020

Dubai, Jun 30: The UAE Embassy in India on Tuesday urged expats stranded in India to procure travel approvals from the Federal Authority for Identity and Citizenship (ICA) in the UAE ahead of their travel to the UAE.

It has also assured UAE residence visa holders that a no-objection letter to travel would be issued on a humanitarian basis, as long as the resident meets all conditions set by the government of UAE.

The UAE Embassy in New Delhi tweeted Tuesday morning, "The @UAEembassyIndia would like to draw the attention of the valid UAE residence permit holders currently present in India, to the necessity of obtaining necessary approval from the @ICAUAE while ensuring that all conditions set by the UAE competent authorities are observed."

It added, "Please note that UAE will issue no objection letter to travel in some humanitarian cases only that meet all conditions and requirements."

The embassy also affirmed its commitment to the decisions of the Indian authorities regarding the continued closure of airports in India, and implementation of some restrictions that do not allow foreign airlines to carry passengers.

"We express our thank for your cooperation and your understanding of the current global situation, and in case there is any developments in this regard, we will publish it on the official platforms of embassy (sic)," the Embassy tweeted.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.