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South Korea’s Yoon Departs for Saudi Arabia and Qatar

South Korean President Yoon Suk Yeol and first lady Kim Keon Hee wave before departing from Seoul on the presidential plane Code One for state visits to Saudi Arabia and Qatar, Seoul, South Korea, 21 October 2023. (EPA/Yonhap)
South Korean President Yoon Suk Yeol and first lady Kim Keon Hee wave before departing from Seoul on the presidential plane Code One for state visits to Saudi Arabia and Qatar, Seoul, South Korea, 21 October 2023. (EPA/Yonhap)
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South Korea’s Yoon Departs for Saudi Arabia and Qatar

South Korean President Yoon Suk Yeol and first lady Kim Keon Hee wave before departing from Seoul on the presidential plane Code One for state visits to Saudi Arabia and Qatar, Seoul, South Korea, 21 October 2023. (EPA/Yonhap)
South Korean President Yoon Suk Yeol and first lady Kim Keon Hee wave before departing from Seoul on the presidential plane Code One for state visits to Saudi Arabia and Qatar, Seoul, South Korea, 21 October 2023. (EPA/Yonhap)

South Korean President Yoon Suk Yeol left for Saudi Arabia and Qatar on Saturday to discuss business cooperation as well as to discuss security conditions amid the crisis in the Middle East, his office said.

Yoon, in what would be the first state visit by a South Korean leader, will hold talks with Saudi Crown Prince Mohammed bin Salman on Sunday, and will travel to Qatar on Oct. 24-25 for a summit and to attend a business forum.

The state visit takes place roughly a year after Crown Prince Mohammed visited South Korea and discussed cooperation in the areas of energy, defense and infrastructure construction, signing investment pacts worth $30 billion with Korean firms.

Business leaders accompanying President Yoon include Samsung Electronics Executive Chairman Jay Y. Lee, Hyundai Motor Group Executive Chair E.S. Chung and the heads of Hanwha, GS, and HD Hyundai conglomerates, according to Yoon's office.

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King Salman Orders One-Year Extension of the Citizen Account Program

Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud. (SPA)
Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud. (SPA)
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King Salman Orders One-Year Extension of the Citizen Account Program

Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud. (SPA)
Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud. (SPA)

Upon the recommendation of Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister and Chairman of the Council of Economic and Development Affairs, Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud ordered on Monday that the Citizen Account Program be extended, in its current framework, until the end of 2025.

The directive also includes a one-year extension of the additional support to the program’s beneficiaries, as well as the continuation of the program’s registration process.

The royal directive reflects the Saudi leadership’s keenness on citizens. The additional support to the program’s beneficiaries was already extended under a royal directive in July 2022.