Cabinet approves Financial Academy regulations, Research Development Authority organizational arrangements

14/02/2023 Argaam

Custodian of the Two Holy Mosques King Salman bin Abdulaziz


The Saudi Cabinet, chaired by King Salman, approved today, Feb. 14, the organizational arrangements of the Research, Development and Innovation Authority (RDIA), Saudi Press Agency reported.

In addition, the Cabinet approved the regulations of King Abdulaziz City for Science and Technology and the Financial Academy.

The Cabinet also touched on the most prominent economic events hosted by the Kingdom during the week, praising the support of Crown Prince Mohammed bin Salman for the technical and digital sector, which strengthened the Kingdom's position as a hub for technology and innovation. This includes LEAP 23 Conference that witnessed the announcement of investments worth over $9 billion to support the technology sector, future technologies, and startups.


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