The Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz chaired the weekly Cabinet meeting at Al-Salam palace in Jeddah this evening. In the wake of the failed assassination attempt on Assistant Minister of Interior for Security Affairs Prince Mohammed bin Nayef bin Abdulaziz, the Cabinet praised the continuous efforts exerted by Saudi security forces to stage pre-emptive attacks against terrorist groups and to fight the spread of extremist ideology. It confirmed that Saudi Arabia will continue its endeavor to wipe out terrorism in the Kingdom and to uproot illegal funding sources.
King Abdullah then briefed the meeting on his latest consultations with foreign officials, including his meeting last week with Jordanian King Abdullah II bin Al-Hussein and a message he received Pakistani President Asif Ali Zardari.
Turning to domestic issues, the Cabinet reviewed the 45th Annual Report of the Saudi Arabian Monetary Agency (SAMA), which was recently submitted to the Minister of Finance. Reviewing the Kingdom’s latest economic developments, the report highlighted the strong growth of the Saudi economy in 2008 – for the sixth year in a row – and noted the decline of the annual inflation rate from 11.1 percent in July 2008 to 4.2 percent in July 2009.
The Cabinet approved the addition of paragraph (B) to Article (25) of the Imprisonment and Detention System issued by Royal Decree No. (M/31) dated 21/06/1398 H.; approved the Gulf Cooperation Council (GCC) Monetary Union agreement, adopted by the GCC Supreme Council during its 29th session; approved an agreement on scientific and technical cooperation with the United States, signed in Riyadh on 02/12/2008; and approved a memorandum of understanding for cooperation between the Saudi Ministry of Commerce and Industry and the Qatari Ministry of Business and Trade, signed in Riyadh on 16/12/2008.
The Cabinet also approved the appointment of Othman Al-Thabit as Education Adviser at the Ministry of Higher Education; Nasser Al-Jeaid as Minister Plenipotentiary at the Ministry of Foreign Affairs; Sameer Akkad as Minister Plenipotentiary at the Ministry of Foreign Affairs; Talal Abdulsalam as Minister Plenipotentiary at the Ministry of Foreign Affairs; and Faisal Mualla as Minister Plenipotentiary at the Ministry of Foreign Affairs.