money laundering as well as to the nine recommendations on combating terrorism financing, in addition to ranking the Kingdom of Saudi Arabia first among Arab countries and among the top ten in the G-20 States. The Cabinet expressed its appreciation for the international community for recognizing the efforts of the Kingdom of Saudi Arabia to combat money laundering and terrorism financing as they pose risks to the financial and non-financial systems at local, regional and international levels. Dr. Khoja also said the Cabinet reviewed a number of issues on its agenda and issued the following decisions: The Cabinet approved the agreement on the transfer of persons sentenced to the deprivation of freedom signed between the Kingdom of Saudi Arabia and the Arab Republic of Egypt in Sharm el-Sheikh on 14/10/2009. The Cabinet approved a cooperation agreement in the field of combating the illicit trafficking in and the smuggling of narcotic drugs and psychotropic substances signed between the government of the Kingdom of Saudi Arabia and the government of the Arab Republic of Egypt in Sharm el-Sheikh on 14/10/2009. --More
