Cabinet highlights strong relations with Egypt, Sweden
February 25, 2008
Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz chaired the weekly Cabinet meeting at Al-Yamamah Palace in Riyadh today.
King Abdullah opened the meeting by briefing the Cabinet on his recent contacts and consultations with world leaders and their envoys, in particular his talks Sunday with Egyptian President Hosni Mubarak. The visit confirmed both countries’ interest in bringing peace and stability to the region as well as their mutual commitment to strengthening Arab unity, the King said.
He also briefed the Cabinet on his meeting Saturday with King Carl XVI Gustaf of Sweden. The Cabinet emphasized Saudi Arabia’s strong relations with Sweden as well as other Scandinavian countries and affirmed that the development of such relations should be built on an understanding of each society.
The Cabinet also reviewed the outcome of the meeting of Arab and South American foreign ministers in Buenos Aires, Argentina, last week, and expressed the hope that the meeting would boost economic, cultural and political cooperation among the two groups.
The Cabinet approved the licensing of the Optical Communication Company, the Saudi Company for Integrated Communications, and Uthaib Union Company as Saudi joint stock companies. The three abovementioned companies were also licensed to establish and operate public fixed communication networks and to provide services at the local, regional and international level over their own networks.
Also approved were a Memorandum of Understanding on higher education with South Korea and agreement on the avoidance of dual taxation with Italy and South Africa.