The Cabinet, during its session held today (Tuesday) chaired by the Custodian of the Two Holy Mosques King Salman bin Abdulaziz in Jeddah, approved the unified rules for owners of joint real estate in the Gulf Cooperation Council (GCC) states.

At the start of the session, the Cabinet reviewed the contents of the phone call received by Crown Prince and Prime Minister Prince Mohammed bin Salman bin Abdulaziz from His Excellency Lebanese President Joseph Aoun, during which the Kingdom's supportive positions toward Lebanon and its efforts to achieve stability and peace in the region were appreciated.

The Council followed the latest events and developments on the regional scene.

The Council also followed the latest events and developments on the regional scene and their repercussions on international peace and security, reaffirming the Kingdom's solidarity and full support for Kuwait, Bahrain, and Jordan in the measures they take against the brutal Iranian aggressions that violate international law and the principles of good neighborliness, and stressing the importance of an immediate halt to all forms of military escalation to preserve the stability of the region's states and peoples.

Minister of Human Resources and Social Development and Acting Minister of Media Eng. Ahmed Al-Rajhi explained after the session that the Cabinet then discussed the outcomes of the Kingdom's effective presence in international meetings and forums, praising in this context the joint national efforts and their contributions to the success of participation in the High-Level Political Forum for the year 2026 held at the United Nations, and what the "Third Voluntary National Review" report reflected of continuous progress in achieving the Sustainable Development Goals, especially in the areas of supporting water security, expanding renewable energy, improving access to healthcare services, developing digital government, flourishing industrial development, in addition to inclusive economic growth.

The Council touched on the contents of the United Nations General Assembly high-level meeting on the urban agenda, which highlighted the Kingdom's successes and achievements in building more sustainable and higher-quality cities by increasing the rate of Saudi families' homeownership, increasing per capita share of spaces and public places, developing the transportation system, and expanding community participation in the development process.

The Cabinet examined a set of reports, statistics, and indicators related to the national economy and the contribution of the reforms and policies pursued by the Kingdom in achieving a positive impact on growth rates; including the stability of the annual inflation rate at 1.8% in the past period, continuing to record low levels compared to many advanced and emerging economies.

He stated that the Council praised the Kingdom's progress to the (13th) position globally among the largest economies attracting foreign direct investment in 2025, according to the United Nations Conference on Trade and Development report, stressing that this achievement reflects the advanced position the Kingdom has established as a globally attractive investment destination, the effectiveness of economic reforms achieved, and growing investor confidence in the investment environment, supported by a 53% growth in net foreign direct investment flows to reach $32.6 billion, and increased competitiveness of strategic sectors, foremost among them energy, infrastructure, technology, advanced industries, and logistics services.

The Cabinet reviewed the items on its agenda, including topics that the Shura Council participated in studying, and also reviewed the conclusions reached by the Political and Security Affairs Council, the Economic and Development Affairs Council, the Cabinet's General Committee, and the Cabinet's Experts Authority regarding them.

The Council decided to adopt several decisions, including authorizing the Minister of Interior - or his delegate - to negotiate with the Maldivian side regarding a draft memorandum of understanding between the Ministry of Interior of the Kingdom and the Maldives Police Service in the Republic of Maldives in the field of scientific, training, and research activities, and to sign it; and authorizing the Minister of Foreign Affairs - or his delegate - to negotiate with the Australian side regarding a draft memorandum of understanding on political consultations between the Ministry of Foreign Affairs of the Kingdom and the Department of Foreign Affairs and Trade of the Commonwealth of Australia, and to sign it.

The Council also approved authorizing the Minister of Culture, Chairman of the Board of Directors of the Museums Commission - or his delegate - to negotiate with the Jordanian side regarding a draft memorandum of understanding for cooperation in the field of museums between the Commission and the Department of Antiquities of the Hashemite Kingdom of Jordan, and to sign it; and authorizing the Minister of Commerce, Chairman of the Board of Directors of the Saudi Standards, Metrology and Quality Organization - or his delegate - to negotiate with the Chinese side regarding a draft memorandum of understanding on cooperation in technical barriers to trade between the Organization and the State Administration for Market Regulation of the People's Republic of China, and to sign it.

It also approved a memorandum of understanding between the General Administration for Financial Investigation under the Presidency of State Security in the Kingdom and the Financial Intelligence Service of the Federal Democratic Republic of Ethiopia for cooperation in the field of exchanging information related to combating money laundering, related crimes, and terrorist financing, and approved a memorandum of understanding for cooperation in the peaceful use of outer space between the Saudi Space Agency and the United Nations.

In other decisions, the Council approved a memorandum of understanding between the National Center for Non-Profit Sector Development in the Kingdom of Saudi Arabia and the Regulatory Authority for Charitable Activities in the State of Qatar for cooperation in the non-profit sector, and approved the unified rules for owners of joint real estate in the Gulf Cooperation Council states.

The decisions included approval to transfer the competence of issuing permits for importing, exporting, re-exporting, and clearing chemical substances traded in local markets - as stipulated in the Chemical Substances Management Law - from the Ministry of Commerce to each of: the Ministry of Interior and the Supreme Authority for Industrial Security, the Ministry of Industry and Mineral Resources, and the Saudi Food and Drug Authority, and approval of the mechanism for integrating roles between the Nuclear and Radiological Regulatory Commission and the National Center for Cancer at the Saudi Health Council to meet nuclear and radiological regulatory requirements.

The Council decided to approve the appointment of Dr. Abdullah bin Hussein Al-Qadi, Dr. Mohammed bin Hamdi Al-Jahdali, and Dr. Sultan bin Mansour Al-Sharif as members of the Board of Directors of the National Center for Wildlife Development, and to approve the final accounts of the General Authority for Survey and Geospatial Information, the National Center for Competitiveness (formerly), and the universities of (Umm Al-Qura, King Abdulaziz, Imam Abdulrahman bin Faisal, Hafr Al-Batin, and Jeddah) for previous fiscal years.

The Council also approved the necessary directives regarding a number of items on the Cabinet's agenda, including annual reports of the Prince Mohammed bin Salman Park Foundation, and the universities of (Imam Abdulrahman bin Faisal, Qassim, Tabuk, and Saudi Electronic University).