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Cabinet Approves Foreign Property Rules
The Saudi Cabinet, headed by King Salman, approved the executive regulations of the non-Saudis' property ownership system, as well as the designated areas where ownership is permitted. They also discussed the design and construction of the first joint Saudi-Egyptian satellite. Additionally, the council reviewed the outcomes of regional and international developments, praising the progress reflected in international reports. The Kingdom achieved the 13th position globally in competitiveness for 2026, secured the top spot worldwide in the Cybersecurity Index for the third consecutive year, and celebrated successes in the health sector, as well as in the "Nadlab" program for industry development and logistics services.
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