Cabinet OKs Financial Oversight Law, National Privatization Strategy

The Saudi Cabinet, chaired today by Crown Prince Mohammed bin Salman, approved the Financial Oversight Law and also gave the go ahead for the National Privatization Strategy.
 

The Cabinet also approved a number of resolutions, most notably the Sports Law, amendments to certain articles of the Real Estate Registration Law, and the regulation for the Center for Supporting Development Authorities and Strategic Offices.
 

Moreover, the Cabinet approved the draft joint declaration between the Government of the Kingdom of Saudi Arabia and the Government of the Italian Republic regarding the establishment of a Strategic Partnership Council.
 

It also lauded the discussions of the Saudi-US summit, which included mutual confirmation by both sides of strengthening and elevating bilateral relations across various fields, the signing of the Strategic Defense Agreement by the Crown Prince and President Donald Trump, in addition to the other agreements signed during the visit.