Saudi Arabia replaces Aramco chairman with MBS ally

Saudi Arabia replaces Aramco chairman with MBS ally
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04.09.2019

MOSCOW (MRC) -- Saudi Arabia has removed its energy minister as chairman of Saudi Aramco and replaced him with Yasir al-Rumayyan, head of the country's sovereign wealth fund, ahead of a planned blockbuster stock market listing, said the Financial Times. The appointment of Mr Rumayyan, a close ally of crown prince Mohammed bin Salman, comes as Khalid al-Falih, energy minister and chairman

Full article at mrcplast.com

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