King Salman Caps Saudi Cabinet Overhaul With Finance Chief

Updated on
  • Royal order excuses Al-Assaf, long-time finance minister
  • Former Capital Markets chief Mohammed Al-Jadaan his successor

Saudi Finance Minister Replaced

Saudi Arabia’s finance minister for two decades was replaced on Monday, capping a major overhaul that leaves key posts under the control of a new generation of bureaucrats close to Deputy Crown Prince Mohammed bin Salman.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.