Latest news with #SaudiCabinet
Argaam
3 days ago
- Business
- Argaam
Learn about key amendments of housing subsidy regulation
Logo of Sakani program The Sakani program announced today, May 28, the key amendments to the housing subsidy regulations, approved by the Cabinet on May 27. The amendments include lowering the minimum eligibility age for housing subsidy applicants to 20 years from 25 and removing the dependency requirement for wives and divorced mothers to qualify for housing support, the program said on X. The amendments also include revising the condition related to the duration since divorce, delegating the determination of this period to the executive regulations. Divorced mothers were eligible for housing support after two years since divorce. Providing misleading information or documents will now result in the revocation of the housing subsidy. Previously, the subsidy was reclaimed only if it was a residential land or a housing unit. Minister of Municipal and Rural Affairs and Housing Majid Al-Hogail stated that the Cabinet's approval of the amendments will enable more families to benefit from various financing and housing options, adding that this aligns with the goals of the Housing Program and Saudi Vision 2030, which aims to increase the home ownership rate to 70%. The Saudi Cabinet, in a meeting chaired by Crown Prince Mohammed bin Salman on May 27, approved a number of decisions, including the amendment of the housing subsidy regulation, Argaam earlier reported.
Asharq Al-Awsat
4 days ago
- General
- Asharq Al-Awsat
Saudi Arabia Underscores its Continued Efforts to Support Palestinian Cause
The Saudi government underlined on Tuesday its ongoing efforts with members of the international community to support the Palestinian cause, end the war on Gaza, allow the flow of humanitarian aid and cease the Israeli violations against international laws and norms. Prince Mohammed bin Salman bin Abdulaziz, Crown Prince and Prime Minister, chaired the cabinet meeting that was held in Jeddah. The ministers reviewed the latest regional and international developments and Saudi Arabia's contacts and meetings with world countries over the past week that are aimed at bolstering cooperation and coordination on global affairs. The cabinet was briefed on the Kingdom's preparations to organize the Hajj pilgrimage, which begins next week. The pilgrimage will be held according to the highest standards and greatest levels of coordination and integration between the relevant entities to allow the pilgrims to perform the holy rituals with ease. Saudi Arabia has dedicated mega development projects and infrastructure to serve pilgrims from across the globe. The cabinet expressed the Saudi leadership and people's honor in serving the visitors of the two holy mosques in Makkah and Madinah, in continuation of its pioneering role in the Islamic world. It asked God Almighty that the pilgrims perform their rituals safely and at ease. The cabinet reviewed Saudi Arabia's participation at the ASEAN-Gulf Cooperation Council and Gulf-ASEAN-China meetings in Malaysia. The Kingdom stressed its support to international initiatives aimed at achieving sustainable development and regional stability and that will help build a prosperous future for the world. The cabinet also highlighted Saudi Arabia and Kuwait's new oil discovery in the Neutral Zone, saying it was a positive step that will bolster bilateral cooperation in the energy sector.
Arab News
4 days ago
- Business
- Arab News
Cabinet reviews Hajj 2025 plans as Dhul Hijjah begins
RIYADH: Saudi Arabia's Cabinet on Tuesday reviewed plans for this year's Hajj season as the Supreme Court announced that Dhul Hijjah will start on Wednesday. Hajj takes place during Dhul Hijjah and the pilgrimage will start on June 4 with pilgrims gathering in the Tent City of Mina. The Cabinet said relevant authorities were operating with the highest standards of efficiency, quality, coordination, and integration, the Saudi Press Agency reported. These efforts aim to ensure the comfort and safety of pilgrims, supported by the Kingdom's extensive development projects and advanced infrastructure, which enhance all aspects of service and facilitate the performance of Hajj rituals for pilgrims from around the world, the Cabinet said. The Cabinet said the Kingdom takes pride in serving the Two Holy Mosques and receiving millions of pilgrims for Hajj, Umrah, and visits. This reflects the Kingdom's pioneering Islamic role and longstanding commitment since its unification by the late King Abdulaziz bin Abdulrahman Al-Saud. The Cabinet also discussed the Kingdom's participation in the recent summits between the Gulf Cooperation Council, the Association of Southeast Asian Nations (ASEAN), and China. These engagements reaffirm the Kingdom's support for international initiatives promoting sustainable development and regional stability, contributing to a prosperous future for all nations, it said. The Cabinet welcomed the announcement of a new oil discovery in the neutral zone between Saudi Arabia and Kuwait. It described the development as a positive step that enhances cooperation in the energy sector and reflects the success of joint exploration and development efforts. The Cabinet also reviewed regional and international developments, reiterating the Kingdom's ongoing efforts to support the Palestinian cause. It called for an end to the war on the Gaza Strip, the facilitation of humanitarian aid, and the cessation of violations by Israeli authorities of international laws and norms. The Cabinet praised the launch of the Islamic Military Counter Terrorism Coalition's regional program for Sahel countries, inaugurated in Mali. The initiative aims to strengthen cooperation among member states in combatting terrorism and its financing through joint action and the exchange of expertise. The Cabinet lauded initiatives launched as part of the Health Sector Transformation Program which have enhanced the quality and comprehensiveness of healthcare, improved preventive and traffic safety measures, and advanced digital health services in line with the objectives of Vision 2030. The Cabinet affirmed that the Kingdom remains committed to comprehensive and sustainable development through economic diversification, optimization of its competitive advantages, stimulation of local and foreign investment, empowerment of Saudi citizens, and the creation of job opportunities across various sectors.
Argaam
12-05-2025
- Business
- Argaam
Amendments to idle land fees law announced
The Official Gazette published today the details of the amended Idle Land Fees Law, which was recently approved by the Saudi Cabinet. The amendments include renaming the law to "The Idle Land and Vacant Properties Fees Law." The amended law defines Idle land as any undeveloped land located within urban boundaries that is eligible for development. Meanwhile, the vacant properties are defined as buildings located within urban boundaries that have remained unused for an extended period without acceptable justification, and whose lack of use or utilization affects the availability of adequate real estate supply. As for the enforcement of the amended law, provisions related to Idle land fees will come into effect from the date of enforcement of the relevant regulations, which shall be issued within 90 days of the amendments' publication in the Official Gazette. Meanwhile, provisions related to vacant property fees will be enforced from the date of the relevant regulations' issuance, which shall be issued within one year of the publication of the amendments in the Official Gazette.
