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. King Salman delivers a brief statement as Saudi Arabia’s cabinet agrees to implement a broad reform plan known as Vision 2030 in Riyadh, April 25, 2016. Saudi Arabia’s King Salman restructured some government ministries and reshuffled his cabinet to appoint new ministers in a series of royal decrees. It is common for Saudi kings to regularly hire and fire senior bureaucrats. However, the latest Cabinet reshuffle reflects something profound and ambitious that has dominated Saudi Arabia since King Salman bin Abdul-Aziz Al Saud ascended the throne in January 2015: the rise of his son, Deputy Crown Prince Mohammed bin Salman, to the highest echelons of politics and economics in the realm.
Saudi Arabians woke up over the weekend to a once-in-a-decade cabinet reshuffle. It may come as a surprise to many Saudis that the origin of this reshuffle and indeed the Kingdom s new economic direction finds its impetus in a report by the global management consulting firm McKinsey & Company. Saudi Arabia’s King Salman has sacked his long-standing oil minister in a major cabinet shake-up. The reshuffle comes just one week after announcing major economic reforms in the country hard hit by the oil price slump. In the early hours of April 29th 2015, King Salman issued 25 royal decrees which included a cabinet reshuffle. This included the removal of Crown Prince Muqrin from his post and the placement of Prince Muhammed bin Nayef in his place, Prince Muhammed bin Salman is appointed First Deputy Crown Prince.
The removal of Saudi Arabia’s long-serving oil minister is a continuation of the Deputy Crown Prince’s consolidation of grip on power; the move is likely to lead to more confrontation with Iran, says Amir Handjani, lead Director at RAK Petroleum. Saudi King Salman bin Abdulaziz has relieved his younger half-brother of his duties as crown prince and appointed his nephew, Deputy Crown Prince Mohammed bin Nayef, as the new heir apparent. Saudi Arabia, which had announced a drastic economic development plan dubbed.
Saudi Arabia’s Mckinsey Reshuffle
To essentially drop him in a cabinet reshuffle rather than celebrate his retirement was pretty rude, even by Saudi standards, said David L. King Abdullah Reshuffles Cabinet, Embarks on New Reform Initiative. In an effort to accelerate the pace of reform in Saudi Arabia, King Abdullah has made new appointments to a number of top government posts, including the Council of Ministers. Mauritania Morocco Oman Palestine Qatar Saudi Arabia Sudan Syria Tunisia. Saudi Arabia’s new king has named his nephew as the country’s new crown prince, demoting his brother from the role, as part of the country’s biggest cabinet reshuffle in years. King Salman of Saudi Arabia has announced a major cabinet reshuffle, a week after he acceded to the throne. The chief of intelligence and the head of the national security council have both been replaced. Saudi Arabia’s King Salman has replaced his veteran oil minister and the central bank governor in a major reshuffle of senior positions a week after announcing big economic reforms.
Saudi Cabinet Reshuffle: Behind It And What Will It Lead To On Oil Market? Rt Op-edge
The Saudi Reshuffle: five key reforms in Riyadh. Saudi Aramco technocrat who is part of Prince Mohammed’s inner circle of cabinet advisers. Saudi Arabia: King Salman Announces Cabinet Reshuffle. Saudi Arabia’s King Salman bin Abdulaziz Al Saud. Photo Credit: US Secretary of Defense, Wikipedia Commons. Saudi Arabia replaces oil minister in cabinet reshuffle – Saudi Arabia’s King Salman on Saturday replaced his veteran oil minister and the central bank governor in a major reshuffle of senior positions a week after announcing big economic reforms.