Saudi Cabinet approves unified rules for joint property owners in GCC

King Salman bin Abdulaziz chaired the Cabinet session held today in Jeddah.
At the start of the meeting, the Cabinet reviewed the contents of a phone call received by Crown Prince and Prime Minister Mohammed bin Salman from Lebanese President Joseph Aoun, during which Saudi Arabia's support for Lebanon and its efforts to promote regional stability and peace were acknowledged.
The Cabinet followed developments in the regional arena and their impact on international peace and security, strongly condemning the false claims and baseless accusations made by the Houthi militia, as well as their involvement in regional conflict to advance their agenda, which has deepened the suffering of the Yemeni people and threatened regional security and stability. The Cabinet reaffirmed Saudi Arabia's ongoing support for the legitimate Yemeni government and people, and its commitment to taking firm measures to protect its security and vessels in accordance with international law and the 1982 United Nations Convention on the Law of the Sea.
The Cabinet also reiterated Saudi Arabia's full solidarity with Kuwait, Bahrain, and Jordan in response to Iranian attacks that violate international law and the principles of good neighborliness, emphasizing the need for an immediate halt to all forms of military escalation to safeguard the stability of the region and its peoples.
Acting Minister of Media and Minister of Human Resources and Social Development Ahmed bin Suleiman Al-Rajhi stated after the session that the Cabinet discussed the outcomes of Saudi Arabia's active participation in international meetings and forums. He praised national efforts that contributed to the Kingdom's success at the 2026 UN High-Level Political Forum, as reflected in the Third Voluntary National Review, which highlighted ongoing progress toward sustainable development goals, especially in water security, renewable energy, healthcare access, digital government, industrial development, and inclusive economic growth.
The Cabinet addressed the outcomes of the UN General Assembly's high-level meeting on the urban agenda, which showcased Saudi Arabia's achievements in building more sustainable and livable cities, increasing home ownership among Saudi families, expanding public spaces, improving mobility systems, and enhancing community participation in development.
The Cabinet reviewed a range of reports, statistics, and indicators related to the national economy, noting the positive impact of Saudi reforms and policies on growth rates. This includes the annual inflation rate stabilizing at 1.8% in the recent period, remaining low compared to many advanced and emerging economies.
Al-Rajhi noted that the Cabinet highlighted Saudi Arabia's advancement to 13th place globally among the largest economies attracting foreign direct investment in 2025, according to a UN Conference on Trade and Development report. This achievement reflects the Kingdom's strengthened position as a global investment destination, the effectiveness of economic reforms, and growing investor confidence, supported by a 53% increase in net FDI inflows to $32.6 billion, and enhanced competitiveness in strategic sectors such as energy, infrastructure, technology, advanced industries, and logistics.
The Cabinet reviewed items on its agenda, including those studied jointly with the Shoura Council, as well as the outcomes of the Political and Security Affairs Council, the Economic and Development Affairs Council, the General Committee of the Cabinet, and the Bureau of Experts. The Cabinet then issued the following decisions:
First: Authorizing the Minister of Interior, or a delegate, to discuss and sign a draft memorandum of understanding with the Maldives Police Service on scientific, training, and research activities.
Second: Authorizing the Minister of Foreign Affairs, or a delegate, to discuss and sign a draft memorandum of understanding on political consultations with the Australian Department of Foreign Affairs.
Third: Authorizing the Minister of Culture and Chairman of the Museums Commission, or a delegate, to discuss and sign a draft memorandum of understanding on museum cooperation with Jordan's Department of Antiquities.
Fourth: Authorizing the Minister of Commerce and Chairman of the Saudi Standards, Metrology and Quality Organization, or a delegate, to discuss and sign a draft memorandum of understanding on technical barriers to trade with China's State Administration for Market Regulation.
Fifth: Approving a memorandum of understanding between the General Department of Financial Investigation at the Presidency of State Security and Ethiopia's Financial Intelligence Service for cooperation in exchanging information related to combating money laundering, related crimes, and terrorist financing.
Sixth: Approving a memorandum of understanding for cooperation in the peaceful use of outer space between the Saudi Space Agency and the United Nations.
Seventh: Approving a memorandum of understanding between the National Center for Non-Profit Sector Development and Qatar's Regulatory Authority for Charitable Activities for cooperation in the non-profit sector.
Eighth: Approving the unified rules for joint property owners in Gulf Cooperation Council countries.
Ninth: Transferring the authority to issue import, export, and re-export permits for chemicals traded in local markets, as well as clearance permits (as per the Chemical Materials Management System), from the Ministry of Commerce to the Ministry of Interior, the Supreme Authority for Industrial Security, the Ministry of Industry and Mineral Resources, and the Saudi Food and Drug Authority.
Tenth: Approving a mechanism for role integration between the Nuclear and Radiological Regulatory Commission and the National Cancer Center at the Saudi Health Council to meet nuclear and radiological regulatory requirements.
Eleventh: Appointing Dr. Abdullah bin Hussein Al-Qadhi, Dr. Mohammed bin Hamdi Al-Jahdali, and Dr. Sultan bin Mansour Al-Sharif as members of the Board of Directors of the National Center for Wildlife Development.
Twelfth: Approving the final accounts of the General Authority for Survey and Geospatial Information, the National Competitiveness Center (formerly), and the universities of Umm Al-Qura, King Abdulaziz, Imam Abdulrahman bin Faisal, Hafar Al-Batin, and Jeddah for previous fiscal years.
Thirteenth: Issuing necessary directives regarding several items on the Cabinet's agenda, including annual reports for the Prince Mohammed bin Salman Park Foundation and the universities of Imam Abdulrahman bin Faisal, Qassim, Tabuk, and Saudi Electronic University.
Fourteenth: Approving the promotion of Mohammed bin Hudaiban Al-Mukhlafi to Senior Business Advisor (Grade 15) at the Ministry of Human Resources and Social Development, and the promotion of Ali bin Murea bin Murea Ali to Investment Advisor (Grade 14) at the Asir Municipality.