Saudi Cabinet: Supporting the Gaza Peace Council and the Davos outcomes
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, chaired the Cabinet meeting held today in the capital, Riyadh, where the Council discussed a number of important political and economic issues at the local and international levels, within the framework of the Kingdom’s leading role in promoting regional stability and global economic growth.
Strategic support for the Gaza Peace Council
At the start of the session, the Cabinet reviewed the latest regional and international developments, particularly the situation in the Palestinian territories. The Cabinet reaffirmed the Kingdom of Saudi Arabia's unwavering commitment to supporting the mission of the "Gaza Peace Council," emphasizing its importance as a transitional body aimed at ending the ongoing conflict in the Gaza Strip and initiating reconstruction efforts.
This stance is a continuation of the Kingdom's historical role in supporting the Palestinian cause, as Saudi diplomacy strives diligently to find sustainable solutions that will end the bloodshed and pave the way for security and stability for the region's countries and peoples. Supporting transitional bodies is a pivotal step within the framework of international efforts to fill the administrative and security vacuum in Gaza, facilitating the flow of humanitarian aid and the commencement of reconstruction projects for the devastated infrastructure.
The impact of the Kingdom's participation in Davos and Vision 2030
On the economic front, the Cabinet commended the Kingdom's delegation's participation in the World Economic Forum's annual meeting in Davos. The Cabinet noted that this participation highlighted the significant progress made towards achieving the goals of "Saudi Vision 2030," which has transformed from ambitious plans into tangible realities and steadily improving performance indicators.
The Council affirmed that the Kingdom's innovative initiatives presented at the forum reflect its growing role in shaping the future of the global economy, not only as an energy supplier but also as a hub for innovation and sustainable investment. Discussions in Davos focused on the importance of strengthening international dialogue and collaborative action to address economic challenges, a principle the Kingdom upholds through its open policies and strategic partnerships with various global economic powers.
Regional and international impact
The outcomes of today's cabinet meeting reflect the delicate balance in Saudi policy, which combines diplomatic efforts to end regional conflicts with development initiatives to bolster the Kingdom's economic standing. On the one hand, support for the "Gaza Peace Council" represents a cornerstone of Arab national security, while on the other hand, the success in Davos underscores the Kingdom's indispensable role in the global economy, thus strengthening the confidence of investors and international partners in the Saudi investment environment.
