Saudi Arabia Bans Ministers From Sitting on Company Boards

Mohammed Al-Jadaan, Saudi Arabia's finance minister.
Photographer: Jason Alden/Bloomberg

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By Salma El Wardany

September 11, 2021 at 12:37 PM UTC

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Government ministers can’t join or chair the boards of companies, according to an amendment to a Saudi Arabian ministerial decree published Friday in the official gazette Umm al-Qura.