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Saudi Govt Approves Organization of National Center for Development of the Non-Profit Sector

King Salman chairs a cabinet meeting on Tuesday. (SPA)
King Salman chairs a cabinet meeting on Tuesday. (SPA)
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Saudi Govt Approves Organization of National Center for Development of the Non-Profit Sector

King Salman chairs a cabinet meeting on Tuesday. (SPA)
King Salman chairs a cabinet meeting on Tuesday. (SPA)

The Saudi government approved on Tuesday the organization of the National Center for the Development of the Non-Profit Sector.

Custodian of the Two Holy Mosques King Salman bin Abdulaziz chaired the government meeting that was held virtually from Neom amid the ongoing coronavirus pandemic.

The center will work on organizing, overseeing and supporting the non-profit sector so that it can achieve its goals.

The ministers also approved the organizational structure of the General Secretariat of the Higher Umrah Committee.

At the onset of the meeting, King Salman briefed the ministers on the telephone talks he held with Sultan of Oman Haitham bin Tariq and on the written message he received from Kuwait’s Emir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah.

The message was delivered by Kuwait’s Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah during an official visit to Saudi Arabia on Tuesday.

The cabinet reviewed the meeting between Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense, and his Kuwait counterpart earlier on Tuesday. They praised the historic relations between their brotherly countries, recalling King Salman and Sheikh Nawaf’s keenness on deepening these ties in service of their people.

The cabinet also reviewed the recent meetings of the Joint Saudi-Russian Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation. The commission met in May and agreed on the second phase of the roadmap to implement high-profile Saudi-Russian strategic cooperation. They also agreed on cooperating in 60 areas and setting up 51 opportunities and projects as part of the roadmap.

The cabinet also reviewed the latest regional and international developments, as well as the latest developments related to the coronavirus pandemic.

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Gulf

Albudaiwi Affirms Solidity of GCC Economy to Face Economic Challenges

Secretary General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi
Secretary General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi
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Albudaiwi Affirms Solidity of GCC Economy to Face Economic Challenges

Secretary General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi
Secretary General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi

Secretary General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi affirmed the solidity and strength of the GCC economy and its ability to face economic challenges, the Saudi Press Agency said on Saturday.
Albudaiwi’s statement came in his recorded speech at the roundtable meeting between the GCC and American companies, which was held under the patronage of the US Chamber of Commerce on Thursday, June 27, 2024, in the US capital, Washington.
The steps taken by the GCC countries to strengthen trade and investment ties with the US focused greatly on the mutual benefits of this economic partnership, said Albudaiwi.
He also stressed that the six GCC countries enjoy long-term and strong trade and investment relations with the US, and these relations are witnessing clear and significant progress, explaining that these partnerships play a pivotal role in enhancing economic growth, innovation and development across various sectors.
During his speech, he projected some statistics that confirm the progress of cooperation between the two sides, such as achieving bilateral trade between the GCC countries and the US in 2023 of around $180 billion.
GCC countries have also achieved great success in the energy sectors, ranking first globally in crude oil production and reserves and second in natural gas reserves, he noted.
Touching on future strategic GCC projects, such as the GCC railway project, he said it will enhance connectivity between Middle Eastern countries and provide great cooperation opportunities with American partners. He added that the Council countries are working at an accelerated pace to develop digital infrastructure and transition to a technology-based diversified economy.
Albudaiwi concluded by expressing the commitment of the GCC countries to enhancing stability and development in the region, pointing to the ongoing GCC's efforts to resolve regional conflicts and maintain peace and security to achieve more growth and prosperity. He underscored the determination of the GCC countries to deepen cooperation with the US, and ensure sustainable economic growth for future generations on both sides.