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 meetings and consultations on international and regional developments, in particular the Israeli-Palestinian conflict and the aggressive practices of Israeli security forces against the Palestinian people.
In a statement, Minister of Transport Dr Jubarah Al-Suraisri, who is also Acting Minister of Culture and Information, said the Cabinet reiterated Saudi Arabia’s call for the international community to pressure Israel to stop violating the human rights of Palestinians in blatant disregard of international legitimacy.
Turning to terrorism, King Abdullah praised the security forces that launched a preemptive strike against militants last Friday in Riyadh, tracking down militants, monitoring their suspicious activities, and arresting a number of them throughout the Kingdom.
King Abdullah emphasized Saudi Arabia’s determination to eradicate the roots of terrorism and noted that maintaining security is the responsibility of all. He also called on citizens and expatriates alike to cooperate in exposing the militants and not to hide them. In addition, the King reiterated that militants who surrender to security authorities will be pardoned.
The Cabinet issued a number of decisions today. The Ministry of Higher Education or his deputy was authorized to negotiate a draft Memorandum of Understanding (MoU) on scientific and educational cooperation with India. The final accounts for the Ports Authority for FY 2003-2004 were also approved.
The Cabinet approved the proposed Saudi Bank for Credit and Savings system. According to the bank’s regulations, the Ministry of Finance will pay its capital of SR 6 billion [$1.6 billion]. The bank will have the right to ownership and the authority to dispose and litigate according to its rules. The main purpose of the bank is to provide non-profit loans for small and emerging businesses as well as people with limited income.
The Cabinet approved the appointments of Luaye bin Ahmed bin Saad Almusallam as Undersecretary of the Ministry of Water and Electricity for Planning and Development, and Dr Abdulaziz bin Sultan bin Ibrahim Almilhem as Assistant Undersecretary for Planning Affairs at the Ministry of Culture and Information.