2006 News Story

Cabinet: regional issues, Muslim unity, new Saudi currency

Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz chaired the weekly Cabinet meeting at Al-Salam Palace in Jeddah today.

King Abdullah opened the meeting by briefing the Cabinet on his recent consultations and meetings about regional and international issues. He also discussed the Kingdom’s extensive efforts in several areas, including containing the aftermath of the Israeli war on Lebanon, seeking Palestinian unity and confronting attempts to split Iraq along sectarian lines.

In a statement, Minister of Culture and Information Iyad Madani said that the Cabinet emphasized that the Muslim world is facing internal and external challenges. This situation requires that all Muslim political, religious, cultural and economic leaders identify the trends that are seeking to sow discord in the Muslim nation and work toward building tolerance among religions and national unity.

On domestic issues, the Cabinet was briefed on the phases of implementing eight educational projects, including the construction of new universities and colleges, that are being undertaken by the Ministry of Higher Education. King Abdullah requested that the work be expedited.

The Cabinet also endorsed the issuance of a new version of the Saudi Riyal. The new bills and coins will be produced in accordance with technical and security specifications, and are expected to enter circulation by the second quarter of 2007.

The Cabinet also issued a number of decisions, including ratifying a unified commercial policy for Gulf Cooperation Council states and approving the appointments of Abdullah Bin Nasser Bin Abdulrahman Alnasser as Director General of Makkah branch of the Ministry of Justice and Abdulaziz Bin Suleiman Bin Abdullah Alfadhel as Cultural Attache at the Ministry of Higher Education.