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The article discusses the latest amendments to the formation of the Saudi Cabinet, issued today, headed by Crown Prince Mohammed bin Salman. The council has been restructured for a period of four years in accordance with the royal order issued by Custodian of the Two Holy Mosques King Salman bin Abdulaziz. The decision also included appointing Prince Abdulaziz bin Salman bin Abdulaziz as Chairman of the Board of the Local Content and Government Procurement Authority, following the removal of Bandar Al Khorayef from the position. The procedures covered approving the foreign direct investment results in Saudi Arabia for 2024, agreeing to connect Gulf countries with a railway, as well as approving regulations for foreign property ownership and launching a joint satellite with Egypt.
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