Houthis urged to abide by cease-fire

Updated 12 May 2015
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Houthis urged to abide by cease-fire

Ministers on Monday praised Custodian of the Two Holy Mosques King Salman for setting up a humanitarian and relief center in Riyadh that would coordinate all aid for the Yemeni people.
The king will open the center, named after him, and lay the foundation of the center’s permanent headquarters on Wednesday.
In a statement after the weekly Cabinet meeting chaired by the king, Minister of Culture and Information Adel Al-Toraifi said the move reflects the monarch’s commitment to ease the suffering of the people.
Al-Toraifi said the ministers also urged the rebels to abide by the five-day cease-fire proposed by Saudi Arabia, to ease the flow of aid into the country. There was also an appeal to the international community to step up their relief efforts in the country.
Al-Toraifi said King Salman thanked fellow GCC leaders for their support at the 15th Consultative Meeting last week in Riyadh, which was aimed at ensuring security and stability in the region.
He welcomed the participation of French President Francois Hollande as the first guest of honor at the GCC gathering, which marked France’s increasing “active and positive role” in the Middle East, said Al-Toraifi.
The king also briefed the Council of Ministers on his talks with King Abdallah of Jordan, Niger President Mahamadou Issoufou and US Secretary of State John Kerry. He said the US supported the Kingdom’s moves to ensure peace in the region, said Al-Toraifi.
Al-Toraifi said the Cabinet condemned the attacks on Najran and Jizan by Houthis that targeted homes, farms, schools and service facilities. The ministers were adamant that the Saudi armed forces would eliminate these attacks.


KSA to set up first special economic zone in Riyadh

A royal decree has been issued to approve the regulation of the “Integrated Logistics Bonded Zone (ILBZ)”. (Shutterstock)
Updated 22 October 2018
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KSA to set up first special economic zone in Riyadh

  • A royal decree has been issued to approve the regulation of the “Integrated Logistics Bonded Zone (ILBZ)”

JEDDAH: Saudi Arabia announced the establishment of a special economic zone (SEZ) on Sunday, the Saudi Press Agency reported. The zone, the first of its kind in the world, will be developed in Riyadh.
It will focus on integrated logistics and will enjoy special rules and regulations aiming at attracting more multinational companies to the Kingdom.
A royal decree has been issued to approve the regulation of the “Integrated Logistics Bonded Zone (ILBZ)” and has assigned its establishment and operation to the General Authority for Civil Aviation as the zone governing body. ILBZ is a major step in translating Vision 2030 into action by leveraging Saudi Arabia’s strategic location as the hub connecting three continents, one of three core pillars of the Kingdom’s Vision 2030 announced in 2016.