The role of OPEC Plus is important for balance and stability in the oil market: Saudi Cabinet

 The Saudi Cabinet has said that OPEC Plus has a key role in balancing and stabilizing the global oil market.

  The cabinet meeting was held on Tuesday in Qasr al-Salam, Jeddah under the chairmanship of King Salman bin Abdulaziz.

card issued for football World Cup fans in Qatar from the public exchequer.

In the meeting, the cabinet members were informed about the contents of the messages received by the South Korean President.

A report on the results of negotiations and consultations between officials of the state and several countries was also presented in the cabinet in the past few days.

The report said that 'the focus of the talks and consultations is to promote mutual relations and cooperation, to achieve common interests, to increase mutual cooperation, to promote multi-faceted contacts in dealing with the problems and global challenges'.

The Cabinet lauded the decision to establish the regional office of the Airports Council International (ACI) in Riyadh and said that it is a sign that Saudi Arabia is moving ahead in the aviation sector globally.

 Seven decisions were approved in the meeting. It has been decided to pay the visa fee of Saudi Arabia for the 'Hiya' card holders who are going to watch World Cup football matches in Qatar from the public treasury.

The Cabinet approved a memorandum of understanding with the Japanese Ministry of Foreign Affairs regarding the strategic dialogue with the Minister of Foreign Affairs, a memorandum of understanding with Niger in the field of Islamic affairs, the Minister of Islamic Affairs and Invitation and Guidance, and a memorandum of understanding with Kuwait in the field of tourism. The Saudi Minister of Information has been assigned the authority to issue a memorandum of understanding with Iraq in audio-visual and print media.

The Cabinet also approved a Memorandum of Understanding with Egypt on Countering Terrorist Financing and Money Laundering.