Story thread · 2 reports / 2 sources

Saudi King reconstitutes Cabinet under Crown Prince Mohammed bin Salman

thenationalnews.com · 8h · first reportShare

Saudi Arabia 's King Salman bin Abdulaziz issued three royal decrees on Thursday, reconstituting the Cabinet under the chairmanship of Crown Prince Mohammed bin Salman and making changes to the leadership of two important economic authorities, the Saudi Press Agency reported. Under the first decree, the Cabinet was reconstituted under the chairmanship of Crown Prince Mohammed bin Salman, with its current members retained. The move follows a legal requirement that the Cabinet be reconstituted by royal decree after a term of no more than four years. In a second decree, King Salman relieved Bandar Alkhorayef of his position as chairman of the board of the Local Content and Government Procurement Authority. Prince Abdulaziz bin Salman , the Energy Minister, was appointed chairman of the authority's board. In a third decree, Mohammed bin Abdullah Al Kuwaiz was relieved as chairman of the board of the Capital Market Authority. Mazen bin Turki Al Sudairi was appointed as his successor, with t