Saudi Arabia appoints new economy minister

SourceThe National
SectorEconomy
CountrySaudi Arabia

Saudi Arabia’s King Salman bin Abdul Aziz Al Saud has appointed Faisal bin Fadel bin Mohsen Al Ibrahim as the new minister of economy and planning in one of several royal decrees issued late on Monday.

Mr Al Ibrahim was the deputy minister of economy and planning prior to his appointment, according to the royal decree carried by state news agency.

He held several senior positions at the Saudi Arabian Oil Company (Aramco) and was an advisor at the Ministry of Economy and Planning and Finance Committee Secretariat at the Royal Court.

The new economy minister holds a Master’s degree in business administration from

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