‎Cabinet reviews prospects for developing vital sectors

‎Cabinet reviews prospects for developing vital sectors

Custodian of the Two Holy Mosques King Salman bin Abdulaziz


The Cabinet, chaired by King Salman bin Abdulaziz, evaluated the potential customers for establishing the important and appealing sectors, to accomplish Vision 2030 objectives and improve the Kingdom’s management internationally, the Saudi Press Agency reported.

This consisted of the launch of the National Biotechnology Strategy, which concentrates on enhancing nationwide health, raising the lifestyle, safeguarding the environment, accomplishing food and water security, making the most of financial chances, and localizing appealing markets.

The Cabinet verified the Kingdom’s concentrate on establishing the real estate and realty sector, along with enhancing its effectiveness and increasing the sector’s contribution to GDP.

Even more, the Cabinet applauded the enthusiastic visions experienced by the Real Estate Future Forum, which experienced the broad event from all over the world and the finalizing of numerous arrangements that show a flourishing future for the sector.

The Cabinet likewise authorized the Supreme Space Council law, and licensed the Saudi Minister of Energy, or his agent, to talk about with his Chinese equivalent a draft memorandum of understanding (MoU) for cooperation in between the 2 nations in the oil, gas, and minerals sectors.

In addition, the Saudi Minister of Investment, or his agent, was mandated to go over with his Serbian equivalent a draft MoU for cooperation in between the 2 nations in the field of motivating direct financial investments.

Learn more

Leave a Reply

Your email address will not be published. Required fields are marked *