The Cabinet, under the leadership of Custodian of the Two Holy Mosques King Salman, has recently endorsed a pivotal amendment affecting specific government entities in Saudi Arabia. The adjustment pertains to the official holidays for Eid Al-Fitr and Eid Al-Adha, ensuring a minimum extension of four working days, with the possibility of an additional fifth working day.

This significant decision aligns with the nation's commitment to fostering a harmonious work-life balance and supporting the cultural significance of these holidays. It reflects the government's dedication to enhancing the well-being of its citizens.

In addition to this, the Cabinet reviewed recent diplomatic discussions, including a notable phone call between Crown Prince and Prime Minister Mohammed Bin Salman and the prime minister of Canada. The government emphasized its commitment to regional and global security, urging the need to de-escalate tensions and prevent violence.

The session also saw commendation for the Ministry of Hajj and Umrah's efforts in organizing the "Hajj and Umrah Services Conference and Exhibition." Aligned with Saudi Vision 2030, this initiative seeks innovative and sustainable solutions, contributing to the constant development and superior services offered to visitors of the two Holy Mosques.

Furthermore, the Cabinet acknowledged positive economic indicators, highlighting the Kingdom's stable inflation rate, a mere 1.5% in December, in contrast to the G20 countries. This stability is attributed to effective measures implemented to address global economic challenges.

In terms of international collaboration, several key memoranda of understanding were approved. These include agreements with the UN Environment Program, the Republic of Korea for a Strategic Partnership Council, the establishment of the Saudi-Polish Coordination Council, and collaborations with the Dutch Ministry of Agriculture, the Indian Ministry of Textiles, and the Anti-Corruption Commission in the Republic of Maldives.

Additionally, the Cabinet greenlit the Protocol Amending the Marrakesh Agreement Establishing the World Trade Organization and authorized negotiations on additional provisions. Counter-terrorism efforts were also emphasized, with discussions and approvals for combating terrorism and its funding in collaboration with Hungary and the Republic of Turkiye.

Moreover, the Cabinet granted a license to the Abu Dhabi Commercial Bank to open branches in Saudi Arabia, reflecting the government's commitment to fostering a conducive environment for international financial institutions.

This comprehensive update showcases the diverse facets of the Cabinet's recent decisions, emphasizing the nation's dedication to both domestic prosperity and global collaboration.