Cabinet praises inauguration of strategic projects in several Saudi cities

King Salman chairs the Cabinet session at Al-Yamamah Palace in Riyadh on Tuesday. SPA
Updated 11 November 2018
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Cabinet praises inauguration of strategic projects in several Saudi cities

  • Cabinet reiterated Saudi Arabia’s keenness to promote and protect human rights and achieve sustainable development
  • The Cabinet reviewed the latest regional and global developments

The Saudi Cabinet on Tuesday thanked Crown Prince Mohammed bin Salman for inaugurating seven strategic projects in several cities. 

At a meeting chaired by King Salman at Al-Yamamah Palace in Riyadh, the Cabinet reiterated Saudi Arabia’s keenness to promote and protect human rights and achieve sustainable development.

The Cabinet referred to the Quarterly Budget Performance Report of the third quarter of the fiscal year 2018. 

Compared to the same period in 2017, the report showed a decrease in the budget deficit, improved fiscal discipline, the development of non-oil revenues, and an increase in the efficiency of spending despite greater social expenditure.

The Cabinet reviewed the latest regional and global developments. It also addressed the outcome of the 21st Arab conference on counterterrorism that was held in Tunis, including condemnation of all forms of terrorism and recommendations to further coordinate efforts to counter them.

The Cabinet condemned the shooting of a passenger bus in Egypt’s Minya governorate, and an explosion near the town of Khanaqin in northeast Iraq. 

It pledged Saudi Arabia’s solidarity with Egypt and Iraq against violence, terrorism and extremism.

The Cabinet also expressed its condolences to the families of the victims of an Indonesian passenger plane crash and an Afghan military helicopter crash.


Saudi Arabia launches initiative to reroute Gulf cargo to Red Sea ports

Updated 13 March 2026
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Saudi Arabia launches initiative to reroute Gulf cargo to Red Sea ports

  • The initiative comes as shipping through the Strait of Hormuz has been severely disrupted by the widening conflict in the region
  • Since the US and Israel struck Iran last month, Tehran has moved to restrict passage through the waterway

 

RIYADH: Saudi Arabia has launched an initiative to redirect shipping from ports in the Arabian Gulf to its Red Sea ports amid the ongoing US-Israel-Iran war.

Transport Minister Saleh Al-Jasser, who also chairs the Saudi Ports Authority (Mawani), launched the Logistics Corridors Initiative alongside Zakat, Tax and Customs Authority Governor Suhail Abanmi, Mawani President Suliman Al-Mazroua, and other officials, the Saudi Press Agency reported.

The initiative will establish dedicated operational corridors to receive containers and cargo redirected from ports in the Kingdom's Eastern Region and other Gulf Cooperation Council states to Jeddah Islamic Port and other Red Sea coast ports.

Al-Jasser said the Kingdom was committed to ensuring supply-chain stability and the smooth flow of goods through global trade routes. Jeddah Islamic Port and other west coast ports, he added, were already playing a key role in accommodating shipments redirected from the east, while also linking Gulf cargo to regional and international markets.

The initiative comes as shipping through the Strait of Hormuz has been severely disrupted by the widening conflict in the region. Iran has long threatened to close the strait — the world's most critical oil and gas chokepoint, through which roughly a fifth of global oil supplies pass — in the event of a war.

Since the US and Israel struck Iran last month, Tehran has moved to restrict passage through the waterway, sending freight rates soaring and forcing shipping companies to seek alternative routes.

Saudi Arabia's Red Sea ports offer a viable bypass, connecting Gulf cargo to global markets without passing through the strait.