MBS orders new reshuffle, asserts control in Riyadh

The Saudi government has undergone another round of institutional tweaking, as Crown Prince Mohammed Bin Salman (MBS) seeks to inject more life into his economic reform programme following lacklustre results and criticism from business leaders. The big loser in a series of royal orders issued on 30 August was Khalid Al-Falih, who was replaced as chairman of Saudi Arabian Oil Company (Aramco) by Public Investment Fund head Yasir Al-Rumayyan. Falih remains energy minister but his other portfolios have been hived off to create a Ministry of Industry and Mineral Resources, with Bandar Bin Ibrahim Al-Khorayef as minister.
GSN Issue 1,087, 5 September 2019. Read more

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The Gulf region: economy and society

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