UAE-Saudi Coordination Council Holds Follow Up Meeting of Joint Initiatives

The Executive Committee of the Saudi-UAE Coordination Council co-chaired by Saudi Minister of Economy and Planning Mohammad al-Tuwaijri, and UAE’s Minister of Cabinet Affairs and the Future Mohammad al-Gergawi (WAM)
The Executive Committee of the Saudi-UAE Coordination Council co-chaired by Saudi Minister of Economy and Planning Mohammad al-Tuwaijri, and UAE’s Minister of Cabinet Affairs and the Future Mohammad al-Gergawi (WAM)
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UAE-Saudi Coordination Council Holds Follow Up Meeting of Joint Initiatives

The Executive Committee of the Saudi-UAE Coordination Council co-chaired by Saudi Minister of Economy and Planning Mohammad al-Tuwaijri, and UAE’s Minister of Cabinet Affairs and the Future Mohammad al-Gergawi (WAM)
The Executive Committee of the Saudi-UAE Coordination Council co-chaired by Saudi Minister of Economy and Planning Mohammad al-Tuwaijri, and UAE’s Minister of Cabinet Affairs and the Future Mohammad al-Gergawi (WAM)

The Executive Committee of the Saudi-UAE Coordination Council held its meeting to enhance cooperation between the two countries under the co-chairmanship of Saudi Minister of Economy and Planning Mohammad al-Tuwaijri, and UAE’s Minister of Cabinet Affairs and the Future Mohammad al-Gergawi.

The meeting discussed various projects of the Saudi-UAE Coordination council and the latest relevant developments, to achieve the aspirations of the two countries' leaderships, as well as serving the common bilateral interests.

It also tackled preparations for the next phase and the necessary steps to accelerate the works of the integration committees.

In a related context, the Environment and Housing Committee- one of the committees emanating from the Saudi-UAE Coordination Council - held its first meeting in the presence of Saudi Housing Minister Majid al-Hogail, and UAE’s Infrastructure Development Minister Abdullah al-Nuaimi.

The Committee convened to follow up on the initiatives launched during the first round of the Saudi-UAE Coordination Council, where it has been agreed to streamline the establishment of joint housing projects and increase the exchange of expertise between the two sides.

Nuaimi stated that the UAE government believes in the importance of consolidating collaboration with Saudi Arabia across all fronts, including providing housing solutions that ensure social stability and preservation of the environment according to best international practices.

Saudi Minister Hogail, for his part, said the Saudi-Emirati partnership through the Coordination Council contributes to ensuring the best utilization of available resources, maximizing economic value, and expediting sustainable development of the housing sector.

The committee is working on building a platform to standardize the construction sector and building materials used in housing. It also discussed organizing visits between delegations for various housing projects in both countries and taking the necessary approvals for their implementation.

The Environment and Housing Committee is one of seven joint integration committees that oversee the implementation of a number of strategic and development initiatives and projects to achieve prosperity for both peoples.

The joint committees work proactively with priority sectors to ensure effective coordination and implementation of projects, in addition to supporting the unification of visions and ideas to create a better future for citizens in both countries.

The Council was established through an agreement between the UAE and Saudi Arabia in May 2016, as per the directives of President Sheikh Khalifa bin Zayed Al Nahyan, and Custodian of the Two Holy Mosques King Salman bin Abdulaziz, to achieve their joint vision and highlight their countries’ stature in the areas of economy, social development, politics, and military integration, as well as to ensure the welfare of their communities.

It sets a role model for integration thanks to the unlimited support of the two countries’ leadership and their tireless efforts to unleash synergy across all domains for the best interests of the peoples of the two countries.



Saudi Inflation Rate Remains Stable at 2.3% in June 2025

The Wholesale Price Index (WPI) recorded a relative stability at 2.1% in June 2025
The Wholesale Price Index (WPI) recorded a relative stability at 2.1% in June 2025
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Saudi Inflation Rate Remains Stable at 2.3% in June 2025

The Wholesale Price Index (WPI) recorded a relative stability at 2.1% in June 2025
The Wholesale Price Index (WPI) recorded a relative stability at 2.1% in June 2025

The General Authority for Statistics (GASTAT) reported that the annual inflation rate in Saudi Arabia remained stable at 2.3% in June 2025 compared to the same month of the previous year.

The Consumer Price Index (CPI) also remained steady at 0.2% in June 2025 compared to May 2025, on a monthly basis.

Similarly, the Wholesale Price Index (WPI) recorded a relative stability at 2.1% in June 2025 compared to the same month last year. However, the WPI decreased by 0.1% in June 2025 compared to May 2025.

According to GASTAT, CPI reflects price changes paid by consumers for a fixed basket of 490 goods and services. This basket was selected based on the results of the 2018 Household Income and Expenditure Survey. Prices are collected through field visits to points of sale, and the CPI statistics are published monthly.