1 Day
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الاقتصادية
Council approves non-Saudis' property rules
The Saudi Cabinet has approved the executive regulations for the Non-Saudis Property Ownership System, specifying the geographic areas where ownership is permitted. The council also announced an initiative to design and build the first joint Saudi-Egyptian satellite, and to transform the "Cultural Archive" into a non-independent center named "Saudi Cultural Memory Center." Additionally, the council reviewed regional and international developments, emphasizing the Kingdom's support for security and stability. It highlighted successes in cybersecurity indicators, the strengthening of national industries and logistics services, the signing of employment agreements with Nepal and Nigeria, as well as a memorandum of understanding with the United States.
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