royal decree
Saudi Investment Minister Al-Falih replaced by banker Al-Saif
Move comes as Public Investment Fund prepares five-year strategic plan, addressing new era of declining oil revenue and budget shortfalls
Wang Dongzhen/Xinhua via Getty Images
Saudi Minister of Investment Khalid al-Falih is being replaced by Fahad al-Saif
Add The Circuit on GoogleSaudi Arabia’s Minister of Investment Khalid al-Falih, the former chief of Aramco, was dismissed today by King Salman in a cabinet reshuffle announced by royal decree.
Fahad al-Saif, Chairman of Gulf International Bank, was appointed to replace Al-Falih,...
