Economy
Saudi King Names Third Foreign Minister in Four Years

(Bloomberg) –Saudi King Salman bin Abdulaziz has named Prince Faisal bin Farhan Al Saud as his third foreign minister since taking the throne in 2015.
In a series of royal decrees late Wednesday and published by the official news agency, the king also named Saleh Al-Jasser transportation minister.
Prince Faisal Al Saud, 45, who recently was serving as the kingdom’s ambassador to Germany, used to work in the private sector and defense-related businesses and was not particularly known outside the Saudi elite circle. He also served as an adviser at the Saudi Arabian embassy in Washington.
Former Foreign Minister Ibrahim Al-Assaf was appointed as a state minister and a member in the Saudi cabinet, according to the royal decrees.
-
Banking & Finance2 months ago
Oman Arab Bank Announces Increase of Authorised Capital to RO500mn and Paid‑In Capital Boost of RO50mn
-
Bahrain2 months ago
SPIEF 2025 focused on global and regional economic processes, market transformation, new tech, investment climate, financial policy and people
-
Banking & Finance1 month ago
National Finance Reinforces Position as Partner for Growth, Offers a Comprehensive Product Suite to Support Customer Ambitions
-
OER Magazines2 months ago
OER, June 25
-
Energy1 month ago
Russian Energy Week from October 15-17, 2025 offers alternative formats of cooperation
-
Banking & Finance2 months ago
The Future of the International Financial System to be discussed at SPIEF 2025
-
Retail2 months ago
All services are moving toward personalisation says Tatyana Kim, Founder of Wildberries and Head of RWB
-
Alamaliktistaad Magazines2 months ago
Al-Iktisaad, June 25