Media Centre

Saudi Cabinet approves new Oversight and Anti-Corruption Authority Law

JEDDAH — The Saudi Cabinet, chaired by the Custodian of the Two Holy Mosques King

Salman bin Abdulaziz, on Tuesday approved the Oversight and Anti-Corruption Authority Law.

During the session, updates were provided on recent diplomatic communications, including

fruitful discussions between Crown Prince and Prime Minister Mohammed bin Salman, with

leaders from France, Russia, and Iraq. These talks aimed at bolstering bilateral relations and

enhancing cooperation across various domains.

Minister of Media Salman Al-Dossary highlighted that the Cabinet also reviewed the latest

developments in regional and international affairs, including Saudi Arabia's proactive role in

mediating and supporting peace initiatives in Gaza and Yemen. The Kingdom's efforts

underscore the critical need for international cooperation to maintain regional stability.

Furthermore, the Cabinet welcomed the recent advisory opinion by the International Court of

Justice, which declared the Israeli occupation of Palestinian territories illegal.

The Cabinet reiterated Saudi Arabia’s call for actionable steps towards a just and comprehensive

resolution of the Palestinian issue, in line with the Arab Peace Initiative and relevant

international resolutions.

On the domestic front, the Cabinet reviewed economic indicators, noting the stabilization of

inflation rates at levels favorable when compared to global trends, a testament to the effective

economic policies the Kingdom has implemented to counteract global price fluctuations.

Additional key decisions made during the session included authorizations for ministers to

negotiate and sign multiple memorandums of understanding with international partners across

fields such as culture, consumer protection, mineral resources, and human rights.

The Cabinet also approved bilateral employment agreements with Gambia and Tanzania, as well

as tax agreements with Kuwait and Gambia aimed at avoiding double taxation and preventing tax

evasion. These agreements highlight Saudi Arabia’s commitment to fostering strong international

labor and economic relations.

The Cabinet affirmed Saudi Arabia's commitment to environmental conservation efforts, including the 2030 Seagrass Breakthrough and a memorandum of understanding with Bahrain for sustainable waste management.