Royal Decree Reshuffles Ministers and Appoints CMA Chair
Today, three royal orders were issued in Saudi Arabia, including the reorganization of the Council of Ministers headed by Crown Prince Mohammed bin Salman. The current members will remain in their positions, based on the governing system which sets the council's term at four years. Additionally, the heads of the Local Content Authority and the Government Procurement Authority, Bandar Al-Khorayef, were dismissed, and Prince Abdulaziz bin Salman was appointed in his place. The head of the Capital Market Authority, Mohammed Al-Qusaibi, was also dismissed and Mazen Al-Sudairi was appointed as his replacement. These changes aim to update the leadership bodies and ensure the implementation of the royal orders.
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