US Business Council in which the monarch emphasized determination to put an overall framework to consolidate the strategic partnership between the two countries in various fields for the coming decades, and the Kingdom's endeavor to promote the sustainable and balanced development march, and that it will continue to strengthen its economy and enhance its stability, competitiveness and attractiveness for domestic and foreign investment in view of the ingredients the Kingdom's economy is enjoying and could utilize them to cope with the economic conditions and regional and international crises, citing the privileges and natural wealth bestowed by Allah Almighty to the Kingdom, an advantage that offers great economic and investment opportunities. The Cabinet also appreciated the King's remarks that he is looking forward to an effective participation of U.S. international companies in taking those opportunities in different fields. The Cabinet expressed its appreciation for the assertions of the Custodian of the Two Holy Mosques that the Kingdom's policy, as a major oil producer, was and still keen on the stability of the global economy and its growth in a way that creates balance of interests between consumers and producers and enhance investment in the various energy sectors, and his directive to study all trade and investment regulations to facilitate the work of international companies and provide incentives, including direct action in the Saudi markets for those who wish to invest in the Kingdom to achieve the common interests of both sides. The Minister said the Cabinet then discussed the latest developments in the region, the developments of situations in the Republic of Yemen and, in this concern, offered deep condolences to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, the Vice Custodian of the Two Holy Mosques and the Deputy Crown Prince on the martyrdom of a number of soldiers of the Kingdom participating in the Renewal of Hope campaign of the coalition forces in Yemen, also expressing its deep condolences to the sisterly United Arab Emirates and Kingdom of Bahrain on the martyrdom of a number of their soldiers, appealing to Allah Almighty to bestow his mercy on their souls and rest them in paradise. The Vice Custodian of the Two Holy Mosques briefed the Cabinet on the results of his reception of President Abed Rabbo Mansour Hadi of the Republic of Yemen, valuing the President's appreciation of the firm positions of the Kingdom of Saudi Arabia towards Yemen and its people, especially with regard to the support for the legitimacy in Yemen and provision of relief and medical assistance to the Yemeni people. The Vice Custodian of the Two Holy Mosques renewed the Kingdom's keenness, under the leadership of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, that Yemen and its brotherly people would enjoy more security and stability. --More 19:24 LOCAL TIME 16:24 GMT تغريد
