Cabinet has approved rules for handling requests by public entities to form joint ventures or form any income-making entity, state news agency SPA reported yesterday. No further details were provided on the decision. It said the government will bear visa costs for seasonal workers brought in for the livestock sacrifice program Adahi during Hajj.

Gaza also gets a mention: The Cabinet welcomed a UN Security Council resolution calling for an immediate ceasefire in Gaza during Ramadan. This comes one day after the Foreign Ministry welcomed the resolution, the first since similar resolutions were vetoed by the US since Israel’s war on Gaza in October.

Also approved at yesterday’s Cabinet meeting:

  • Mandating the Investment Minister to discuss and sign a MoU with the World Bank’s private investment arm International Finance Corporation (IFC);
  • Mandating the Investment Minister to discuss and sign a MoU with Tunisia to promote FDIs;
  • Mandating the Culture Minister to discuss and sign a MoU on cultural cooperation with Tajikistan;
  • A MoU between the Environment, Water and Mineral Resources Ministry and Turkey in agricultural fields;
  • A MoU between the Industry and Mineral Resources Ministry and Mauritanian counterparts in mining;
  • A MoU between the Saudi Space Agency (SSA) and the Egyptian Space Agency (EgSA) in space activities for peaceful purposes;
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