The government was meeting virtually as a result of the pandemic.
The ministers also condemned the car bomb attack in the Afghanistan province of Logar, which left 21 dead. The Kingdom said it stands with Afghanistan against all forms of terrorism, whatever its motives and justifications.
The Cabinet authorized the commerce minister, who is also Chairman of the Board of Directors of the General Authority for Small and Medium Enterprises to discuss a draft MoU between KSA’s General Authority for Small and Medium Enterprises and the Small Industries Development Bank of India.
The Cabinet also licensed the National Bank of Iraq to open a branch in Saudi Arabia.
Opec compliance with oil curbs rises as UAE joins cut
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TARGET CUT: The total curb achieved in March is 564,000 bpd
LONDON/DUBAI: Opec oil output is likely to fall for a third straight month in March, a survey found on Wednesday, as the United Arab Emirates made progress in trimming supplies while maintenance and unrest cut production in exempt nations Nigeria and Libya.
The reduction by the UAE has helped boost Opec compliance this month with its production-cutting deal to 95 per cent, up from an initial February estimate of 94 per cent and a record high, according to Reuters surveys.
The Organization of the Petroleum Exporting Countries pledged to reduce output by about 1.2 million barrels per day (bpd) from January 1 the first accord on supply curbs since 2008.
RIYADH: More than 70,000 liters of disinfectant are being used to clean the Grand Mosque in Makkah each day during Ramadan to protect against COVID-19. The numbers show the vast cleaning operations being deployed in the Kingdom to protect worshippers against the virus. The General Presidency for the Affairs of the Grand Mosque and the Prophet's Mosque introduced strict
DUBAI: It’s the ultimate in all-inclusive, luxury holidays and no doubt on the bucket list of many an avid traveler postcard-worthy cruises have long been sought after by holiday makers looking for a destination-hopping good time. Now, for the first time, global cruise company MSC Cruises is offering passengers the chance to sail the Red Sea from its new homeport in Jeddah.