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In May 2016, Al-Falih was appointed Minister of Energy, Industry and Mineral Resources, replacing outgoing Ali al-Naimi. [3] The national plan Vision 2030 announced in April 2016 is designed to reduce the Kingdom's dependence on oil revenue, a new direction which affected the makeup of Saudi ministries. [ 20 ]
This is a list of Saudi Arabians by net worth. It was compiled by Forbes magazine and released in the year 2008. [1] This is a partial list of the richest people in Saudi Arabia. Other comprehensive lists are published by Arabian Business. [2]
Rank Global rank Name Net worth in billion US$ Sector Citizenship Age 1: 305: Nassif Sawiras: 7.4: Construction, investments Egypt 62 2: 591: Issad Rebrab: 4.6: Food and beverage
In 2020, a royal order was issued, replacing SAGIA with a new Ministry of Investment under Khalid al-Falih, the former chairman of Saudi Aramco. [2] The creation of the Investment Ministry was part of a broader Saudi government reshuffle by Crown Prince Mohammed bin Salman (MBS), the de facto ruler of the kingdom.
Saudi Arabia's investment minister met with China's commerce and industry chiefs in Beijing on Sunday and discussed expanding cooperation in trade, investment and technology, the Chinese ...
Saudi oil minister Khalid al-Falih said on Sunday it would be too early to change OPEC+ output policy at the group's meeting in April and that China and the U.S. would lead healthy global demand ...
Yasir Al-Rumayyan was born in Buraidah, Al-Qassim Province, [1] in 1970. His father was Saudi and his mother was Syrian. [1] He moved to Riyadh as a child where he attended Al-Abna'a. [1] He graduated from King Faisal University in Alahsa in 1993 with a degree in accounting. [1] He did a three-month course at Harvard Business School in 2007. [1]
As the eldest son of Mohamed Al-Fayed, Dodi was born into a billionaire family (his father died in August 2023 with an estimated net worth of $2 billion). Dodi's personal net worth at the time of ...