Saudi Arabia Replaces Energy Minister with King's Son
Monday, 9 September 2019 18:29 WIB | GLOBAL |Global

Saudi Arabia's King Salman on Sunday replaced the energy minister with one of his sons, state media said, in a major shakeup as the OPEC kingpin reels from low oil prices.

The appointment of Prince Abdulaziz bin Salman, half-brother to de facto ruler Crown Prince Mohammed bin Salman, marks the first time a royal family member has been put in charge of the all-important Energy Ministry.

He replaces veteran official Khalid al-Falih as the world's top crude exporter accelerates preparations for a much-anticipated stock listing of state-owned oil giant Aramco, expected to be the world's biggest.

"Khalid al-Falih has been removed from his position," the official Saudi Press Agency said, citing a royal decree.

"His royal highness Prince Abdulaziz bin Salman is appointed minister of energy."

Since his appointment as oil minister in 2016, Falih has been the face of Saudi energy policy but the veteran technocrat had seen his portfolio shrink in recent weeks.

His ouster comes just days after he was removed as chairman of Aramco and replaced by Yasir al-Rumayyan, governor of the kingdom's vast Public Investment Fund.

Source : VOA

RELATED NEWS

South Korea Announces New Coronavirus Cases
Monday, 24 February 2020 18:26 WIB

South Korea announced Monday 161 new cases of coronavirus, bringing the total cases to 763. Officials also confirmed two more deaths, bringing its death toll to seven. Before the new cases were reported Monday, the country raised the alert level to red, the highest level, and President Moon Jae-in...

Pompeo Meets with New Oman Leader
Saturday, 22 February 2020 02:10 WIB

U.S. Secretary of State Mike Pompeo arrived in Oman Friday for a meeting with the country's new ruler, Sultan Haitham bin Tariq Al Said. Pompeo will also pay homage to relatives of Sultan Qaboos bin Said, who died in January. Oman has close ties with Iran and Saudi Arabia, where Pompeo departed fr...

Coronavirus Cases in Hubei Rise After Declining for 2 Days
Friday, 21 February 2020 18:19 WIB

The number of new coronavirus cases in China's Hubei province rose Friday after two straight days of declines, but the increase was still the smallest since the end of January. The Hubei health commission reported 411 new cases Friday, up from Thursday's count of 349. It also reported 115 new death...

South Korea Reports 1st Coronavirus Death as Outbreak Enters 'New Phase'
Friday, 21 February 2020 10:07 WIB

South Korea confirmed its first death from the new coronavirus, local media reported Thursday, as the number of infections in the country tripled within two days. The Korea Center for Disease Control and Prevention said in a statement the exact cause of death is being investigated. The report came ...

Google Updates Terms in Plain Language After EU Scrutiny
Thursday, 20 February 2020 23:34 WIB

Google is attempting to make sure people know exactly what they're signing up for when they use its online services ” though that will still mean reading a lengthy document. The company updated its terms of service on Thursday ” its largest update to the general use contract since 2012 ” in r...

ANOTHER NEWS
Dow Opens More Than 900 Points Lower As Corona Virus Fears Grow
Monday, 24 February 2020 21:42 WIB U.S. stocks opened sharply lower Monday as fears of the fallout from a global coronavirus spread whacked risk assets. The Dow Jones Industrial Average opened about 906 points, 3.1%, lower, while the S&P 500 lost 71 points or 2.1%. The Nasdaq...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.