Follow-up | BETH

Riyadh – January 27, 2026

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, chaired today’s Cabinet session in Riyadh, during which a range of political, economic, and development files were reviewed—reflecting Saudi Arabia’s position as a key regional actor and a global economic driver.

Political and Regional Messages

Reaffirmation of the Kingdom’s support for the Gaza Peace Council as a transitional mechanism to end the conflict and advance reconstruction.

Review of current regional and international developments within a framework balancing political stability and humanitarian responsibility.

Briefing on the message received from His Majesty King Hamad bin Isa Al Khalifa of Bahrain, regarding bilateral relations between the two brotherly countries.

Global Economy: From Davos to Riyadh

The Cabinet praised the Kingdom’s participation in the World Economic Forum (Davos), which highlighted progress toward Vision 2030 targets.

Welcomed Saudi Arabia’s hosting of the WEF Special Meeting on Global Cooperation and Growth in April, reinforcing the Kingdom’s role as a bridge between advanced and emerging economies.

Labor Market and Structural Transformation

Commendation of the Custodian of the Two Holy Mosques’ patronage of the International Labour Market Conference.

Recognition of agreements and MoUs focused on:

Workforce empowerment

Artificial intelligence adoption

Building sustainable labor ecosystems locally and globally

Humanitarian Leadership

The Cabinet praised the King Salman Humanitarian Aid and Relief Center’s 2026 plan, encompassing 422 humanitarian projects worldwide—underscoring Saudi Arabia’s global leadership in humanitarian action.

Accelerating Domestic Development

Homeownership among citizens reached 66.2% by the end of 2025.

More than 700 global companies have selected Saudi Arabia as their regional headquarters.

Opening of the expanded King Khalid International Airport and inauguration of Al-Jouf International Airport, enhancing air connectivity and supporting economic growth.

International Agreements and Engagements

Authorization to negotiate and sign cooperation agreements with:

Türkiye (renewable energy, civil defense, social services)

Morocco (investment protection and promotion)

Estonia, Trinidad and Tobago, and Bangladesh

Approval of multiple air transport agreements with several countries.

Endorsement of the Copyright Law.

BETH Insight

What emerged from the Cabinet session is not a set of isolated decisions, but a state logic:

Calm diplomacy

Open economic partnerships

Measured domestic development

Institutionalized humanitarian leadership

This is how the phase is managed—
without noise.