The weekly meeting was chaired by King Salman at Al-Yamamah Palace in Riyadh.
The king began the session by briefing attendees on the outcome of his talks with Sudanese President Omar Al-Bashir and former French President Nicolas Sarkozy.
That statement on Yemen explained that the coalition, established in accordance with UN Security Council Resolution 2216, was a response to the legitimate Yemeni government’s appeal against militias attempting to overthrow it.
The statement went on to condemn Iran for supplying the Houthi insurgents with weapons and ammunition, as well as holding Iran and its proxies responsible for endangering the security of the region.
The Cabinet also hailed the efforts being exerted by the Presidency of State Security to discover and prevent the financing of terrorism, in addition to its recent naming — in partnership with the Terrorist Financing Targeting Center (TFTC) — of two entities and 11 individuals identified as leaders, financiers, facilitators or supporters of Daesh in Yemen and Al-Qaeda in the Arabian Peninsula.
The Cabinet also expressed the Kingdom’s strong condemnation and denunciation of the terrorist bombing of a bus transporting police in Bahrain and of two car bombs in the Somali capital Mogadishu, which resulted in dozens of deaths and injuries.
The Cabinet reaffirmed its solidarity with Bahrain and Somalia, and wished the wounded a quick recovery.
The Cabinet lauded Crown Prince Mohammed bin Salman’s speech at the recently concluded Future Investment Initiative (FII) in Riyadh, where he said that the will, determination and principles of the Saudi people have helped lift the Kingdom to new levels of development and progress.
Culture and Information Minister Dr. Awwad Al-Awwad said in a statement to the Saudi Press Agency (SPA) after the Cabinet session that the Cabinet was delighted with the regional and global response to the crown prince’s announcement of the NEOM Project.
The high-tech project, billed as a regional Silicon Valley, embodies the Kingdom’s ambitious economic vision, as outlined by Vision 2030, and its desire to transform into a pioneering global role model.
The Cabinet pointed out that Vision 2030 will support the stability of the region in general, as well as confirming the Kingdom’s status as the heart of the Islamic world. That vision, the Cabinet explained, was a response to the Kingdom’s internal development requirements and the need to create a multi-source economy.
To that end, the Cabinet also lauded the program launched by the Public Investment Fund for 2018-2020, which includes 30 initiatives that will help to diversify the Kingdom’s economy.