Local Affairs: The Council reviews regional developments and approves memoranda of understanding and promotions

Brief Summary

The Cabinet approved the unified rules for owners of common properties in the GCC countries during its session in Jeddah.

The Kingdom advanced to 13th place globally in attracting foreign direct investment for 2025, with net inflows growing by 53% to reach $32.6 billion.

The annual inflation rate in Saudi Arabia stabilized at 1.8% during the past period, recording low levels compared to advanced and emerging economies.

The Council approved transferring the authority to issue import and export permits for chemical materials from the Ministry of Commerce to multiple government entities, including the Ministry of Interior and the Supreme Authority for Industrial Security.

Appointment of Dr. Abdullah bin Hussein Al-Qadi, Dr. Muhammad bin Hamdi Al-Juhdali, and Dr. Sultan bin Mansour Al-Sharif as members of the Board of Directors of the National Center for Wildlife Development.