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The government was meeting virtually as a result of the pandemic.
The ministers also condemned the car bomb attack in the Afghanistan province of Logar, which left 21 dead. The Kingdom said it stands with Afghanistan against all forms of terrorism, whatever its motives and justifications.
The Cabinet authorized the commerce minister, who is also Chairman of the Board of Directors of the General Authority for Small and Medium Enterprises to discuss a draft MoU between KSA’s General Authority for Small and Medium Enterprises and the Small Industries Development Bank of India.
The Cabinet also licensed the National Bank of Iraq to open a branch in Saudi Arabia.
The Cabinet expressed appreciation of the contents of the televised interview with the Crown Prince, citing the comprehensive visions for a better future of the homeland and its citizens during which he summed up the exceptional achievements, aspired anticipations and ambitions as well as the planned objectives set forth in the Kingdom's Vision 2030.
UAE Ministry of Energy signs agreement with AASTS
DUBAI, January 7, 2021 The UAE Ministry of Energy and Infrastructure has signed a partnership agreement with the Arab Academy for Science Technology and Maritime Transport (AASTS) branch in Sharjah, to utilise its capabilities and the expertise to serve and develop the UAE’s maritime sector. The agreement supports AASTS’ vision to enhance the Arab maritime sector by preparing the nation’s youth to be competent industry professionals, while also providing research and development services, a WAM report said. The agreement was signed by Hassan Mohammed Juma Al Mansouri, Under-Secretary of the Ministry of Energy and Infrastructure, and Dr Ismail Abdel Ghaffar Ismail Faraj, President of the Arab Academy for Science, Technology and Maritime Transport.