King Abdullah chairs Cabinet session (6/11/12)

June 11, 2012

The Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz chaired the Cabinet session at Al-Salam Palace in Jeddah today. At the outset, the King briefed the Cabinet on his discussions last week with United Nations Secretary-General Ban Ki-Moon, with whom he reviewed the efforts exerted by the U.N. to achieve peace and stability in the world, to stop the bloodshed in parts of the Middle East, and to deepen counterterrorism cooperation under the U.N. umbrella.

The Cabinet reviewed a number of reports on the latest developments in the domestic and international spheres. Then, the ministers listened to a brief presentation by the Secretariat General of the Cabinet highlighting the comprehensive, statistical report prepared by the Orders and Decisions Department at the Royal Court. The report dealt with the current state of developmental and service projects at 20 ministries, governmental departments and commissions over the period from 1/1/1427 H to 1/1/1433 H. It specified which projects have been completed and offered explanations and suggestions for unfinished undertakings. According to the report, 39% of the projects have been implemented, 41% are still under implementation, and 20% are not yet implemented.

The Cabinet hailed the role played by the Saudi Industrial Development Fund (SIDF) in developing the industrial sector in the Kingdom, praising the SIDF’s decision this week to support less developed regions and cities and to raise maximum loan amounts. Furthermore, they cited a royal order raising the capital of the SIDF to SR 40 billion as evidence of the government’s commitment to a strategy of balanced development.

Turning to its remaining agenda items, the Cabinet gave the Ministry of Education the right to review and amend the tuition fees of private schools in accordance with its regulations; approved a number of measures regarding the provision of financial facilities for investors within the framework of the King Abdullah Initiative for Agricultural Investment Abroad; and authorized the Ministry of Water and Electricity – with the participation of the Ministry of Foreign Affairs, the Ministry of Finance, the Ministry of Petroleum and Mineral Resources, the Electricity and Co-Generation Regulatory Authority and the Saudi Electricity Company – to discuss a draft agreement on the establishment of an electrical grid with Turkey.

The Cabinet approved the appointments of Hamad Al-Tuweijiri as Adviser for Rural Affairs at the National Guard (15th rank); A’bid Al-Sadoun as Petroleum Adviser at the Ministry of Petroleum and Mineral Resources (15th rank); Abdullah Al-Madhi as Minister Plenipotentiary at the Ministry of Foreign Affairs; and Yunis Al-Barrak as Architect Consultant Engineer at the Ministry of Education (14th rank).