Ali al-Naimi is Out

Posted on 05/07/2016

The Kingdom of Saudi Arabia has announced a new oil minister by royal decree. Long-time oil minister Ali al-Naimi, turning age 81 this year, is being replaced by former Saudi Health Minister and Saudi Aramco board chairman Khaled al-Falih. Al-Falih spent his entire career at Aramco. He had been CEO of Aramco from 2009 and […]