Posted on 05/08/2016 2:55:11 PM PDT by Lorianne
Saudi Arabia's King Salman on Saturday replaced his veteran oil minister and restructured some big ministries in a major reshuffle apparently intended to support a wide-ranging economic reform programme unveiled last week.
The most eye-catching move was the creation of a new Energy, Industry and Natural Resources Ministry under Khaled al-Falih, chairman of the state oil company Aramco. He replaces the 80-year-old oil minister Ali al-Naimi, in charge of energy policy at the world's biggest oil exporter since 1995.
But major changes were also made to the economic leadership, with Majed al-Qusaibi named head of the new Commerce and Investment Ministry, and Ahmed al-Kholifey made governor of the Saudi Arabian Monetary Agency (SAMA), the central bank.
(Excerpt) Read more at reuters.com ...
The Saudi economy is to economy what Saudi culture is to culture.
Assume crash positions. Trump is immenent.
I think Khaled al-Falih is a Texas A&M grad (for what its worth)
And so is Johnny Manziel (whose worth seems getting less)
I guess this means less arrogant Saudi princes driving Bugattis at high speeds down our streets in the future? Good...
Their new Minister;
“Might as well be walking on the Sun”
https://www.youtube.com/watch?v=LQj—Kjn0z8
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