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The Custodian of the Two Holy Mosques King Salman bin Abdulaziz issued a royal decree appointing Mazen bin Turki Al-Sudairy as Chairman of the Capital Market Authority Board, with the rank of Minister, following the dismissal of Mohammed bin Abdullah Al-Qahtani from his position. This decision comes as part of regulatory reforms for financial market institutions in the Kingdom, aimed at enhancing performance and regulation in the financial sector, without providing further details about the reasons for the change or the outcomes of the new appointment.
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