RIYADH: Saudi Arabia’s Cabinet has approved the proposal to allow members of the Capital Market Authority to serve on the boards of other government agencies. The Cabinet, chaired by King Salman, has given the nod to CMA members and its CEO to serve other government agencies for a maximum period of two years, according to a report by the Saudi Press Agency. The body, which met on Feb. 13, also approved the law protecting informants, witnesses, and victims, as well as backing regulations governing the Saudi Tourism Authority. According to the SPA report, the Cabinet authorized the minister of foreign affairs to enter into a memorandum of understanding with Singapore to establish a strategic partnership council between the two countries’ governments. It also authorized Saudi Arabia’s minister of environment, water, and agriculture to enter into a draft agreement to cooperate in the environmental sector with the Arab Center for the Studies of Arid Zones and Dry Lands. Saudi Arabia’s Ministry of Communications and Information Technology received approval to cooperate with India in the fields of digitization and electronic manufacturing. The Cabinet also authorized the Kingdom’s Ministry of Investment to work with Norway to promote direct investment in Saudi Arabia. The minister of transport and logistics services and chairman of the General Authority of Civil Aviation received the green light from the Cabinet to sign a draft memorandum of understanding for technical cooperation with the Latin American Civil Aviation Commission. The body also approved a memorandum of understanding for cooperation in the field of passenger security between the National Traveler Security Center of Saudi Arabia and the Nationality, Passports and Residence Affairs of Bahrain. The Cabinet consented to a cooperation agreement in counter-terrorism and its financing between the Presidency of State Security of Saudi Arabia and the National Counter Terrorism Agency of Indonesia. It also authorized the Ministry of Education to a draft memorandum to promote scientific and educational cooperation with countries including Ethiopia, Eritrea, and Burundi, as well as Kenya, Tanzania, Ghana, Rwanda, and Uganda.